1786 1788 NW 47th Terrace
Miami, FL 33142
- – beds
- – baths
- 2,070 sqft
- 4,796 sqft lot
- $475 per sqft
- 2006 build
- – on site
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.
Listing courtesy of STELLAR_MLS / KELLER WILLIAMS LEGACY REALTY
Last checked:
Checking…
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Last updated Oct 18, 2024
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MLS# S5105740 —
The Building
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Year Built:2006
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Shingle
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Foundation Details:Block
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Window Features:Blinds
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Patio And Porch Features:Patio
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Security Features:Fire Sprinkler System
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Accessibility Features:Accessible Approach with Ramp
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# of Buildings:2
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Building Area Total:2561
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Built-in Features
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Flooring:Ceramic Tile
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Additional Rooms:Formal Living Room Separate
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Fireplace:false
Room Dimensions
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Living Area:2070
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From 112, turn into 19th Ave then L on 47th Ave.
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Latitude:25.818256
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Longitude:-80.226079
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Coordinates:-80.226079, 25.818256
The Property
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Parcel Number:0131220140221
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Completed
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Lot Size Acres:0.11
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Lot Size Area:4796
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Lot Size SqFt:4796
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:5700
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View:false
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Exterior Features:Lighting
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Water Source:Private
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Road Surface Type:Concrete
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Flood Zone Code:X
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Flood Zone Panel:12086C0303L
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (407) 301-8516
- Office phone:
- (407) 855-2222
Taxes
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Tax Year:2023
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Tax Lot:2
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Tax Block:2
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Tax Legal Description:17TH AVE MANOR PB 18-43 LOT 2 BLK 2 LOT SIZE 44.000 X 109 OR 15562-3499 0592 4 COC 24933-4889 09 2006 1
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Tax Book Number:18-43
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Tax Annual Amount:7174
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/S5105740
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electricity Available
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Sewer:Private Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Laundry Room
The Community
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Subdivision Name:17TH AVE MANOR
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Senior Community:false
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Community Features:Sidewalks
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:No
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Association:false
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Ownership:Sole Proprietor
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/27/24
Jun 27, 2024
|
Relisted | STELLAR_MLS | $985,000 | |
6/15/24
Jun 15, 2024
|
Pending | STELLAR_MLS | $985,000 | |
5/28/24
May 28, 2024
|
Listed / Active | STELLAR_MLS | $985,000 |