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.
MLS# | S5105740 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 2006 |
Days On Site | 131 |
Listing Provided By | KELLER WILLIAMS LEGACY REALTY | Hazel Heyer |
SQ Feet | 2,070 |
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Story(s) | 1 |
Units | 2 |
Zoning | 5700 |
Acreage | 0.11 |
State | FL |
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County | Miami Dade |
City | MIAMI |
Zip Code | 33142 |
Area | 33142 Miami |
Community Name | 17TH AVE MANOR |
Listing VS Median (in 17TH AVE MANOR) | |
Price: $985,000 low | high Med: $985,000 SqFt: 2,070 low | high Med: 2,070 $ / SqFt: $476 low | high Med: $476 On Site: 131 low | high Med: 131.000000 |