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… Read More 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. Read Less
Courtesy of Miguel J Solis, Douglas Elliman 305-695-6060
Listing Snapshot
Days Online
100
Last Updated
Property Type
Business Opportunity
Square Ft.
3,585
Year Built
1964
MLS Number
A12020618
30 Days Snapshot Of 33126
$296k
+11%
(avg) sold price
3
-84%
homes sold
149
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: City Street, County Road
Building
Built in 1964, Construction materials: CBS, Toal building area: 3585
Cooling
Central Individual
Floors
Ceramic Tile
Heating
Central, Electric
Parking
Common, Free, 10 total parkings
Property
Zoning: 5700
Roof
Shingle
Security Features
Fire Alarm
Sewer
Septic Tank
Taxes
Annual amount: $13,243
Utilities
101-200 Amp Service
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