1786 - 1788 Nw 47th Terrace
Miami,
FL
33142
Property Details
List Price: |
$985,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
2070 |
Agency: |
Orlando South LLC |
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Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
2006 |
Notes: |
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. |
MlsNumber: |
S5105740 |
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Listing Provided By: |
Orlando South LLC, original listing |
Name: |
Orlando South LLC |
Phone: |
(407) 420-8231 |
Office Name: |
KELLER WILLIAMS LEGACY REALTY |
Office Phone: |
(407) 855-2222 |
Agent Name: |
Hazel Heyer |
Disclaimer: |
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |