Assisted Living Duplex
7100 NW 1st Ter Miami, FL 33126
7100 NW 1st Ter, Miami, FL, 33126
$899,999
Pending
For Sale
$899,999
Pending
MULTI_FAMILY - Miami, FL
Property Size3,531 SF
Lot Size0.23 Acres
Days on Market23
Property Features for 7100 NW 1st Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 8
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 8, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bathroom 4, Bedroom 2
- Parking
- 10
- Standard status
- Pending
- APN
- 30-40-02-006-0080
- Size
- 3,531 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LANGER SUB PB 59-36 LOT 8 PR ADD 7100-7102 NW 1 TERR LOT SIZE IRREGULAR OR 16121-1542 1093 4 COC 24412-2867 03 2006 5
- Tax Annual Amount
- 13224
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
- Water front features
- Canal Access, Creek
- Water front
- 1
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Douglas Elliman
(305) 695-6060
1515 Sunset Dr # 10, Palm Beach, FL
Listed by
Miguel Solis · License #0624178
(305) 343-9554
Added: Jun 29 Updated: Jul 18 at 1:39 am Checked: Jul 21 at 3:06 am
MLS# A12020549
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing duplex is currently operating as a licensed assisted living facility (ALF). The property provides more than 3,500 square feet of living space arranged for ALF use, including 8 bedrooms and 4 bathrooms, with a large kitchen, expansive living areas, and a dedicated recreation space for residents. Bathrooms are described as AHCA-compliant, and the fire safety systems have been updated; the licenses are currently up to code. The home is also equipped with leased washer and dryer units.
The property is located near 72nd Avenue and Flagler Street in Miami and sits on a 10,000+ square foot corner lot with canal frontage. The retirement home/health care land use designation is noted for the site. For privacy and resident environment, the remarks state there are no neighbors on three sides. The property is leased for the next two years, with a renewable option available, and the lease documentation is noted as attached.
For buyers or operators seeking a turnkey ALF-ready setting, this duplex is configured and presented as a continued assisted living operation under the stated land use designation. With existing licensing “up to code,” AHCA-compliant bathrooms, and updated fire safety systems, it may align with tenants looking for an operator-ready facility rather than a conversion. Please note appointments only and that tenants should not be disturbed.
The property is located near 72nd Avenue and Flagler Street in Miami and sits on a 10,000+ square foot corner lot with canal frontage. The retirement home/health care land use designation is noted for the site. For privacy and resident environment, the remarks state there are no neighbors on three sides. The property is leased for the next two years, with a renewable option available, and the lease documentation is noted as attached.
For buyers or operators seeking a turnkey ALF-ready setting, this duplex is configured and presented as a continued assisted living operation under the stated land use designation. With existing licensing “up to code,” AHCA-compliant bathrooms, and updated fire safety systems, it may align with tenants looking for an operator-ready facility rather than a conversion. Please note appointments only and that tenants should not be disturbed.
Key Highlights
- Income‑producing duplex operating as an Assisted Living Facility (ALF) with a lease in place for the next two years and renewal option
- 10,000+ SF corner lot with canal access/frontage
- More than 3,500 SF of living space with 8 bedrooms and 4 bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $30.60 |
| − Vacancy | −$6.9k | −$1.95 |
| EGI | $101.2k | $28.65 |
| − OpEx | −$30.3k | −$8.60 |
| NOI | $70.8k | $20.06 |
3,531 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.2K – $1.18M
NOI $70,816 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$931.9K
$815.4K – $1.09M
NOI $65,230 @ 7.0% cap · market cap 7.25%
Theoretical Best
Specialty Retail
$2.38M
$2.09M – $2.78M
NOI $166,841 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maggies retirement ALF
Corporate Office
Similar For Sale Nearby
Similar Off Market Nearby
- Coral Gables Nursing and Rehabilitation — 7060 SW 8th St, Miami, FL 33144
- Midway Retirement — 93 SW 79th Ct, Miami, FL 33144
- Paradise Retirement Club Inc — 21 SW 75th Ave, Miami, FL 33144
- Garcia Group Home — 33 NW 76th Ave, Miami, FL 33126
- Ovany's Home Care Corp — 526 SW 66th Ave, Miami, FL 33144
FAQs
What type of property is this?
Assisted living facility - Duplex currently licensed as an assisted living facility, with 8 bedrooms and AHCA-compliant bathrooms on a corner lot.
Where is this assisted living facility located?
The property is located at 7100 NW 1st Ter Miami, FL.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Income‑producing duplex operating as an Assisted Living Facility (ALF) with a lease in place for the next two years and renewal option; 10,000+ SF corner lot with canal access/frontage; More than 3,500 SF of living space with 8 bedrooms and 4 bathrooms
