1786 - 1788 NW 47TH TER, Miami, FL 33142 – S5105740

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Saving Specialist Group

savingsspecialistgroup@gmail.com +1(239) 789-6867

$985,000

Est. payment - /mo

2,070 SqFt

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UPDATED:

08/10/2024 12:37 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $475

Subdivision 17Th Ave Manor

MLS Listing ID S5105740

HOA Y/N No

Originating Board Stellar MLS

Year Built 2006

Annual Tax Amount $7,174

Lot Size 4,791 Sqft

Acres 0.11

Property Description

INVESTMENT / OPPORTUNITY ZONE PROPERTY IN MIAMI near the Brownsville area, University of Miami Hospital, the Liberty City neighborhood and Allapattah areas. The 2 buildings, 2 well-appointed, upgraded duplexes boasts a total of 6 bedrooms sprawled over 2071 sft (actually 2233 adjusted sqft due to the installed patio on the side and rear of the building). It has a new roof (2018) cost $18500, new paint (2024), new upgraded fire sprinkler systems (worth $75000), new blinds (2024), upgraded kitchens, laundry room and new patio (permit $14500). Currently running as a good income-generating Assisted Living Facility producing $200,000 per year, the property has been fitted a new generator (2024) worth $43,000. The metal security gate offers ample security to residents; it has renovated bathrooms and kitchen with stainless steel appliances, and ample parking for a property centrally located with access to major highways and nearby schools. As an ALF facility, residents find a new lease on life where every more vulnerable senior can live comfortably under the loving watch of a dedicated caregiver. The current income is from the Assisted Living Facility business with residents. What makes this unique and rare is the Opportunity Zone. ALF is zoned for 14 residents, 1 room is currently available to receive 2 more residents.

Location

State FL

County Miami-dade

Community 17Th Ave Manor

Zoning 5700

Rooms

Other Rooms Formal Living Room Separate

Interior

Interior Features Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Fireplace false

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Laundry Laundry Room

Exterior

Exterior Feature Lighting, Sidewalk

Community Features Sidewalks

Utilities Available Electricity Available, Emergency Power, Private, Water Connected

Roof Type Shingle

Porch Patio

Garage false

Private Pool No

Building

Entry Level One

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Private Sewer

Water Private

Structure Type Block

New Construction false

Others

Pets Allowed No

Senior Community No

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by KELLER WILLIAMS LEGACY REALTY

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Saving Specialist Group

+1(239) 789-6867

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