$899,999

Est. payment - /mo

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3,585 SqFt

Active Under Contract

7100 NW 1st TER Miami, FL 33126

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Gemma Peterson

info@floridahomesandloans.com +1(407) 242-7758

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Key Details

Property Type Other Types

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,585 sqft

Price per Sqft $251

MLS Listing ID A12020618

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $13,243

Tax Year 2025

Contingent Inspection

Property Description

Duplex being leased as an ALF located near 72nd Avenue and Flagler Street in the heart of Miami. This income-producing property is currently operating as a successful ALF and is leased for the next two years, providing immediate cash flow and excellent long-term investment potential. Situated on a 10,000+ SF corner lot with canal frontage, the property offers over 3,500 SF of living space featuring 8 bedrooms and 4 bathrooms. The facility includes a large commercial-style kitchen, spacious living room, and a dedicated recreation area for residents. The property is zoned duplex with a Retirement Home / Health Care land use designation, making it ideal for continued assisted living or healthcare operations. The home is fully equipped with ADA-compliant bathrooms and room layouts, along with fire safety systems and licenses currently up to code. One of the property's most desirable features is its privacy, with no neighbors on three sides, creating a peaceful setting for residents and operators alike. washer/dryers are leased Property Highlights: • Assisted Living Facility and zoning allows for nursing home use • 8 Bedrooms / 4 Bathrooms • Over 10,000 SF Lot • Over 3,500 SF Living Area • Duplex Zoning with Retirement Home / Health Care Land Use • ADA-Compliant Layouts and Bathrooms • Fire Safety Systems and Licenses Up to Code • Large Kitchen, Living & Recreation Areas • Canal Front Corner Lot • Strong Existing Lease Income for 2 Years not disturb residents or staff.

Location

State FL

County Miami-dade

Area 2400

Region Miami

City Region Miami

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Fireplace No

Exterior

Parking Features Common, Free Parking

Water Access Desc Public

Roof Type Shingle

Road Frontage County Road, City Street

Total Parking Spaces 10

Building

Lot Description Residential Lot

Sewer Septic Tank

Water Public

New Construction No

Construction Status Resale

Others

Pets Allowed No

Tax ID 3040020060080

Security Features Fire Alarm,Other

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12020618

Listed by Miguel J Solis Douglas Elliman

7100 NW 1st TER Miami, FL 33126

Gemma Peterson

Key Details

Location

Interior

Exterior

Building

Others

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7100 NW 1st TER