Property Description

RARE MULTIFAMILY OPPORTUNITY WITH A SENIOR ASSISTED LIVING FACILITY AND EXCEPTIONAL INCOME POTENTIAL! This is not your typical Miami fourplex. Featuring a total of 8 bedrooms and 4 bathrooms, this property offers multiple income streams and a unique setup with the potential to generate significantly more revenue than a traditional fourplex. The first floor was converted into a Senior Assisted Living Facility and is approved to operate for up to 6 residents, per seller. It is equipped with a full fire alarm system, smoke detectors, four fire extinguishers, tile flooring, an updated kitchen, and a 2024 A/C system. Depending on how the assisted living operation is structured, the first floor alone may have the potential to generate approximately $6,000–$20,000 per month, whether operated directly or leased to an assisted living operator, creating the possibility for substantially higher revenue than using the space strictly as traditional residential units. Adding even more value and stability are the two upstairs units, which may provide steady rental income and are estimated to rent for approximately $1,800–$2,000 per month each, subject to market conditions. An exceptional opportunity for an experienced assisted living operator looking to combine business income with additional rental income, or for an investor searching for a multifamily property with a unique value-add component. The property also features a good-sized backyard.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33157
Street:
17010 Sw 100th Ave, Miami, Florida 33157
Longitude:
W81° 38' 48.3''
Latitude:
N25° 36' 41.9''
MLS Addon
Building Area:
1,464 Sqft
Construction Materials
DOM:
1
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
30-50-32-003-0080
Subdivision Name:
GREENE SUB 2ND ADDN
Tax Annual Amount:
$7,834
Utilities
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Residential Income For Sale

17010 Sw 100th Ave, Miami, Florida 33157, Miami, Florida 33157

2,664 Sqft
$1,200,000
MLS # #A12099402
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,200,000
Square Footage :
2,664 Sqft
Year Built :
1957
MLS # :
A12099402
Agent info
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