Located near 72nd Avenue and Flagler Street in the heart of Miami, this exceptional income producing duplex is currently operating as a successful Assisted Living Facility ALF and offers immediate ...


Property

Website:https://www.nestseekers.com/5485321
Address:
Miami, FL 33126
Ownership: For Sale
Type: Duplex

Financials

Price:$899,999
Annual Taxes:$13,224

Description

Located near 72nd Avenue and Flagler Street in the heart of Miami, this exceptional income-producing duplex is currently operating as a successful Assisted Living Facility (ALF) and offers immediate cash flow with strong long-term investment potential. The property is leased for the next two years, with a renewable option available (Copy of lease attached). Situated on a spacious 10,000+ SF corner lot with canal frontage, the property features more than 3,500 SF of living space and includes 8 bedrooms and 4 bathrooms. Designed for assisted living operations, the home offers a large kitchen, expansive living areas, and a dedicated recreation space for residents. The property carries a RETIREMENT HOME / HEALTH CARE land use designation, making it ideal for continued ALF operations. It is fully equipped with AHCA-compliant bathrooms, updated fire safety systems, and licenses currently up to code. One of the property’s standout features is its exceptional privacy, with no neighbors on three sides, creating a quiet and peaceful environment for both residents and operators. Washer and dryer units are leased. Excellent opportunity for investors or operators seeking a turnkey assisted living facility in a prime Miami location. Call for additional information and details – By appointment only – Please DO NOT DISTRUB TENANTS.

Amenities

  • CableAvailable
  • CanalAccess
  • Canalfront
  • Creek
  • QuarterToHalfAcreLot

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Douglas Elliman