7100 NW 1st Terrace, Miami, FL 33126
- $850,000
- 3,531
- SqFt
- Sold Price
- $850,000
- List Price
- $899,999
- Days on Market
- 43
- Closing Date
- Sep 14, 2026
- MLS#
- A12020549
- Sq. Ft
- 3,531
- Subtype
- Duplex
- County
- Miami-Dade
- Subdivision
- Langer Sub
- Year Built
- 1964
Property 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.
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Additional Information
- Construction
- Block
- Cooling
- Central Air, Electric
- Flooring
- Ceramic Tile
- Heating
- Central, Electric, Separate Meters
- Roof
- Shingle
- Taxes
- $13,224
- Utilities
- Cable Available
- Waterfront
- Canal Front, Creek, Other
- Stories
- 1
- Price Per Sqft
- $240
- Elementary School
- Flagami
- Middle School
- West Miami
- High School
- South Miami
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Listing courtesy of Douglas Elliman. Contact:
Selling Office: Miami New Realty.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Miguel J Solis | Email: Miguel.Solis@elliman.com