Commercial $ 899,999

7100 NW 1st Ter

Miami, FL 33126

  • 3,585 SqFt
  • 1964 Year Built
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.
Listed by Douglas Elliman

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 585 sqft

    Price per Sqft $251

    MLS Listing ID A12020618

    HOA Y/N No

    Year Built 1964

    Annual Tax Amount $13,243

    Tax Year 2025

  • Location

    State FL

    County Miami-dade

    Area 40

  • Building

    Sewer Septic Tank

    Water Public

    Structure Type Block

  • Interior

    Heating Central, Electric

    Cooling Central Air

    Flooring Ceramic Tile

  • Exterior

    Exterior Feature Storm/Security Shutters

    Roof Type Shingle

    Total Parking Spaces 10

    Private Pool Yes

  • Others

    Tax ID 30-40-02-006-0080

    Ownership Corporation

    Security Features Other,Smoke Detector(s)

    Acceptable Financing Cash

    Listing Terms Cash

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

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CONTACT

Mario Chirino I Solis Chirino Group
Mario Chirino I Solis Chirino Group

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