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Assisted Living Facility with Upgrades
For Sale
Contact for pricing
Pending

1786-1788 NW 47th Terrace, Miami, FL 33142

Two upgraded duplex buildings operate as an assisted living facility with resident accommodations, shared amenities, and covered outdoor space.

Property SizeContact for details
Days on Market143

Property Features for 1786-1788 NW 47th Terrace

General Information

Standard status Pending
Property subtype Multifamily, Senior Living
Listing Agency: Keller Williams Legacy Realty
Listed By: Hazel Heyer, CCIM · License #3197208
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 10:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Legacy Realty

Investment Insights

Based on property information with market context.

Located at 1786-1788 NW 47th Terrace in Miami, this assisted living facility comprises two upgraded duplex buildings with six bedrooms. The property includes renovated bathrooms, upgraded kitchens with stainless steel appliances, a laundry room, covered patio, new blinds installed in 2024, and a metal security gate. A new generator was added in 2024, and the fire sprinkler systems have been upgraded. The roof was replaced in 2018, and the buildings received new paint in 2024.

The facility is approved for up to 14 residents and currently has 10 paying residents. On-site parking is provided, with access to major highways and nearby schools. The property is near University of Miami Hospital, Liberty City, Allapattah, and the Brownsville area.

Key Highlights

  • Approved for 14 residents; currently serving 10 paying residents
  • Two upgraded duplex buildings with six bedrooms
  • New generator installed in 2024

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Similar Off Market Nearby

  • Ward Tower Assisted Living Miami, FL 33142
  • Calvinelle 1750 NW 41st St, Miami, FL 33142
  • Second Chance Group Home 2622 NW 47th St, Miami, FL 33142
  • Calvinelle Adult Home A L F 1786 NW 47th Terrace, Miami, FL 33142
  • Annie's Group Home 4641 NW 16th Ave, Miami, FL 33142

Frequently Asked Questions

What type of property is this?
Assisted living facility - Two upgraded duplex buildings operate as an assisted living facility with resident accommodations, shared amenities, and covered outdoor space.
Where is this assisted living facility located?
The property is located at 1786-1788 NW 47th Terrace Miami, FL.
What are key features of this property?
This property features: Approved for 14 residents; currently serving 10 paying residents; Two upgraded duplex buildings with six bedrooms; New generator installed in 2024
(407) 301-8516 Call to check price and availability
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