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Commercial Income
$985,000
1786 NW 47th Ter Miami, FL

A11598069

10 of 69 for Sale
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an agent
  • Listed On:

    May 30, 2024
  • Days on Market:

    52
  • Year:

  • Taxes:

    $7,174 per year
  • Floor Description:

    Ceramic Floor, Tile
  • Occupancy:

  • Zoning:

  • Parking:

    Free Parking, On Street

1786 NW 47th Ter Miami, FL 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.

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For Sale Details

  • Floor Description

    Ceramic Floor, Tile

  • Heating Description

    Central Electric

  • Net Operating Income

    200000

  • Ownership

    Self Proprietor/Individual

  • Parking Description

    Free Parking, On Street

  • Photo Count

    33

  • Property Type

    Commercial Sale

  • SqFt Total

    4796

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    2006

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