2561 sqft | 0.11 acres | #S5105740
Description
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.
Interior Details
- InteriorBuilt-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments
Property Details
- Exterior MaterialsLighting, Sidewalk
Measurements
- Acres0.11
- Square Feet2561
Construction Details
- Property TypeMulti-Family
Condition
- Year Built2006
Material information
- FoundationBlock
Utilities / Energy Details
- Utility FeaturesElectricity Available, Emergency Power, Private, Water Connected
- Sewer InformationPrivate Sewer
- Utility SourcePrivate
Community and Neighborhood Details
- Subdivision17TH AVE MANOR
Location
- CountyMiami-Dade
Financial Details
- Original List Price$985,000
- Taxes Annual$7,174
- Days on Market (Cumulative)141
Other
- MLS #S5105740
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Carolyn Christian
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Hazel Heyer (#MFR272505351)
Listing Office: KELLER WILLIAMS LEGACY REALTY (#MFR272561366)
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