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$985,000
177 Days On Site

1786 - 1788 NW 47TH TERRACE
MIAMI, FL 33142

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
2,070
SqFt
$476
/SqFt
2006
Built
Subdivision:
17TH AVE MANOR
County:
Miami-Dade

Due to the health concerns created by Coronavirus, we are offering personal 1-1 online video walkthrough tours where possible.

Call Now: (561) 935-3331
Is this the home for you? We can help make it yours.
(561) 935-3331
1786 - 1788 NW 47TH TERRACE1786 - 1788 NW 47TH TERRACE1786 - 1788 NW 47TH TERRACE1786 - 1788 NW 47TH TERRACE
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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.

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Listing Snapshot
Price 
$985,000
Days On Site 
177 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,070 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
2006
MLS® Number 
S5105740
Status 
Active
Property Tax 
$7,174
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
6 months agoListing first seen on site
General Features
Acres 
0.11
Disclosures 
Seller Property Disclosure
Foundation 
Block
Pets 
No
Property Sub Type 
Multi Family
Security 
Fire Sprinkler SystemSecurity GateSecurity LightsSecurity SystemSmoke Detector(s)
Sewer 
Private Sewer
SqFt Total 
2561
Stories 
One
Utilities 
Electricity AvailableWater Connected
Water Source 
Private
Zoning 
5700
Interior Features
Appliances 
DishwasherDryerMicrowaveRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic Tile
Heating 
Central
Interior 
Built-in FeaturesEat-in Kitchen
Laundry Features 
Laundry Room
Window Features 
Blinds
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Exterior Features
Construction Details 
Block
Exterior 
Lighting
Patio And Porch 
Patio
Roof 
Shingle
Windows/Doors 
Blinds
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible BedroomAccessible Full BathVisitor BathroomAccessible Hallway(s)Accessible KitchenAccessible Central Living AreaCentral Living Area
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
MLS Area 
33142 - Miami
Roads 
Concrete
Township 
53
Listing courtesy of KELLER WILLIAMS LEGACY REALTY 4073018516



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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