1786 -1788 NW 47th Ter Miami FL 33142 MLS #A11598069

1786 -1788 NW 47th Ter
Miami, FL, 33142
$985,000
Beds
0 Baths
2 SqFt
0.11 Acres
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INVESTMENT/OPPORTUNITY ZONE PROPERTY in the Brownsville area, University of Miami Hospital, the Liberty City and Allapattah areas. 2 buildings, well-appointed, upgraded duplex has 6 bedrooms, over 2071 sft (actually 2233 adjusted for new patio on rear. NEW roof (2018), paint (2024), upgraded fire sprinkler systems ($75000), blinds (2024), upgraded kitchens, laundry room & new patio ($14,500). As cash-flowing Assisted Living Facility producing $200,000/yr, the property has a new generator (2024) $43,000. Metal security gate offers ample security to residents; new bathrooms and kitchen with stainless steel appliances, ample parking while centrally located with access to major highways and nearby schools. ALF has a dedicated caregiver. Current income is from ALF business with 10 residents.

Property Details

Price:
$985,000
MLS #:
A11598069
Status:
Active
Beds:
0
Baths:
0
Address:
1786 -1788 NW 47th Ter
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
May 27, 2024
State:
FL
Finished Sq Ft:
2
Total Sq Ft:
2
ZIP:
33142
Lot Size:
4,796 sqft / 0.11 acres (approx)
Year Built:
2006
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Schools

Interior

Cooling
Central Building A/ C
Flooring
Ceramic Floor, Tile
Heating
Central Electric

Exterior

Construction Materials
Insulated
Parking Features
Free Parking, On Street
Parking Spots
6
Roof
Shingle
Security Features
Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security Gate, Security Lights, Security System

Financial

Net Operating Income
$200,000
Taxes
$7,174

Map

Community

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