Multifamily in Unincorporated Dade County, FL 331267100 NW 1st Ter
Closed




Beds
3,531
SqFt$241
$/SqFtMultifamilyProperty Type
1964Year Built
$241/SqFtPrice per sq ft
YesWaterfront
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.
Listing Courtesy Of: Douglas Elliman
Local Realty Services Provided By: Best of Luxury Realty
On Site: 162 DaysUpdated: 40 Days agoPage Views: 0
Features
MLS Number: A12020549
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1964
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Listing Date: 2026-05-17T15:12:17.000-00:00
Taxes, Fees & More
- Taxes: 13224
Apples-to-Apples Comparables
Price History
Current
$850K
High
$900K
Low
$850K
Total Change
-5.6%Date
Event
Price
Change
Price Per
09/14/2026
Sold
$850K
0%$241 ft2
$2,591 m2
05/17/2026
Price Reduced
$850K
-5.56%$241 ft2
$2,591 m2
05/17/2026
Listed
$900K
$255 ft2
$2,744 m2
09/14/2026
$850K
Event
Sold
Change
0%Price Per
$241 ft2
$2,591 m2
05/17/2026
$850K
Event
Price Reduced
Change
-5.56%Price Per
$241 ft2
$2,591 m2
05/17/2026
$900K
Event
Listed
Price Per
$255 ft2
$2,744 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Miguel Solis • Douglas Elliman • Buyer Agency Compensation .
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