1786 - 1788 1788 NW 47TH Terrace
MIAMI, FL 33142
-- Bed-- Bath2,070 Sq Ft185 Days on Market
For Sale $985,000
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Courtesy of KELLER WILLIAMS LEGACY REALTY
Listing Agent & Comments
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.
MLS# MFRS5105740 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 2,070 Sq.Ft. |
---|---|
Lot Size | 4,796 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 2006 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | NA |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
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HouseCanary, Inc. Brokerage
1786 - 1788 1788 NW 47TH Terrace, MIAMI, FL 33142
Multifamily-- Bed-- Bath2,070 Sq Ft185 Days on Market
Listing Agent & Comments
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.
MLS# MFRS5105740 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 2,070 Sq.Ft. |
---|---|
Lot Size | 4,796 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 2006 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | NA |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, forecast, rental estimate, and sale history
New
Do you own this home?
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For Sale $985,000
Request tour
Save
Courtesy of KELLER WILLIAMS LEGACY REALTY
1786 - 1788 1788 NW 47TH Terrace
MIAMI, FL 33142
-- Bed-- Bath2,070 Sq Ft185 Days on Market
Listing Agent & Comments
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.
MLS# MFRS5105740 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 2,070 Sq.Ft. |
---|---|
Lot Size | 4,796 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 2006 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | NA |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, forecast, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $985,000
Request tour
Save
Courtesy of KELLER WILLIAMS LEGACY REALTY