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1786 - 1788 NW 47TH TERRACE
MIAMI FL 33142 US

$985,000

Active Listing ID S5105740
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Lot: 0.11 Acres
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Multi Family

$985,000

Active Listing ID S5105740
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1786 - 1788 NW 47TH TERRACE 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.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Exterior Finish: Lighting, Sidewalk, Security Lights
  • Floor Covering: Tile, Tile - Ceramic
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 985000
  • unparsedaddress: 1786 - 1788 NW 47TH TERRACE
  • postalcity: MIAMI
  • stateorprovince: FL
  • country: US
  • postalcode: 33142
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 2070
  • livingareaunits: Square Feet
  • latitude: 25.81825691
  • longitude: -80.22607931
  • listagentfullname: Hazel Heyer
  • listagentemail: hazel_heyer@hotmail.com
  • listagentkey: 3yd-MFRMLSFL-272505351
  • listagentmlsid: 272505351
  • listagentpreferredphone: 4073018516
  • listagentofficephone: 4078552222
  • listofficekey: 3yd-MFRMLSFL-272561366
  • listagentstatelicense: 3197208
  • listofficemlsid: 272561366
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 2006
  • listingcontractdate: 2024-05-27
  • countyorparish: Miami-Dade
  • parcelnumber: 01-3122-014-0221
  • appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • constructionmaterials: Block
  • flooring: Tile, Tile - Ceramic
  • heating: Central Furnace
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Built-in Features, Eat-in Kitchen, Living Room/Dining Room Combo, Window Treatments
  • exteriorfeatures: Lighting, Sidewalk, Security Lights
  • architecturalstyle: Other
  • securityfeatures: Fire Sprinkler System, Security Gate, Security Lighting, Security System, Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Gate
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.22608, 25.818256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Orlando South LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"hazel_heyer@hotmail.com", "ListBrokerageCity":"Orlando", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw210@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Orlando South LLC", "ListBrokeragePhone":"(407) 420-8231", "ListBrokeragePostalCode":"32837", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 101", "ListBrokerageUnparsedAddress":"13512 S. John Young Pkwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2910 Park Pond Way", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Kissimmee", "ListOfficeCountry":"US", "ListOfficeEmail":"murraycoleman@kw.com", "ListOfficePostalCode":"34741", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - MIAMI, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1786-NW-47th-Ter_Miami_FL_33142_M55567-96627?f=listhub&s=MFRMLSFL&m=S5105740&c=rexren", "MLSModificationTimestamp":"2024-08-09T16:37:08Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7174, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/9/2024 11:16:14 PM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Hazel Heyer, KELLER WILLIAMS LEGACY REALTY, hazel_heyer@hotmail.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.