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Multi Family - 17TH AVE MANOR for Sale

1786 - 1788 NW 47TH, MIAMI, FL 33142

Asking Price$985,000

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  • Days on market:

    60 day(s)
  • Original Price:

    $985,000
  • Price per sqft:

    $475.85
  • 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
  • Tax Year:

    2023
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Floor Description:

    Ceramic Tile
  • Equipment/Appliances:

    DishwasherMicrowaveRefrigeratorDryerWasher
  • Special Listing Conditions:

    None

Description

$985,000 • living size area 2070 sqft

Investment / opportunity zone property for sale 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), new paint (2024), new upgraded fire sprinkler systems ($75000), new blinds (2024), upgraded kitchens, laundry room and new patio (permit $14,500). 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 alf makes $200,000 per year, and business sale will be handled separately by the seller's attorney - should buyer wish to keep the alf in place. traffic count almost 114k cpd in its well travelled roadway. alf is zoned for 14 residents, 1 room is currently available to receive 2 more residents for an approx. additional $6000 income.

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