7100 NW 1st Terrace, Miami, FL 33126
Local realty services provided by:Reliant Realty ERA Powered
Listed by: miguel j solis, emilio prieto
Office: douglas elliman
MLS#:A12020549
Source:RMLS
Price summary
- Price:$899,999
- Price per sq. ft.:$251.05
About this home
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....
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Home facts
- Year built:1964
- Listing ID #:A12020549
- Added:27 day(s) ago
- Updated:June 15, 2026 at 02:45 PM
Rooms and interior
- Flooring:Ceramic Tile
- Living area:3,531 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1964
- Building area:3,531 sq. ft.
- Construction Materials:Block
Schools
- High school:South Miami
- Middle school:West Miami
- Elementary school:Flagami
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$899,999
- Price per sq. ft.:$251.05
- Tax amount:$13,224 (2025)
Parking
- Total parking spaces:10
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