Special Purpose Property – 2,233 sqft in Miami, FL – Cash-Flowing Assisted Living Facility
Commercial Sale
Category: Special Purpose
Price:$985,000
Location: Miami, FL
Year Built: 2006
Days on Market: 6
Description:
INVESTMENT/OPPORTUNITY ZONE PROPERTY in the Brownsville area, University of Miami Hospital, the Liberty City and Allapattah areas. 2 buildings, well-appointed, upgraded duplex has 6 bedrooms, over 2071 sft (actually 2233 adjusted for new patio on rear. NEW roof (2018), paint (2024), upgraded fire sprinkler systems ($75000), blinds (2024), upgraded kitchens, laundry room & new patio ($14,500). As cash-flowing Assisted Living Facility producing $200,000/yr, the property has a new generator (2024) $43,000. Metal security gate offers ample security to residents; new bathrooms and kitchen with stainless steel appliances, ample parking while centrally located with access to major highways and nearby schools. ALF has a dedicated caregiver. Current income is from ALF business with 10 residents.
ALF business is being sold separately from the property. It makes $200k /yr Business is priced at $.5 Million and will be handled by seller's atty
Listing Code: 1075920099