7100 Northwest 1st Terrace Miami, FL 33126

Building Details

Year Built

1964

Listing office Douglas Elliman M***@elliman.com Show Phone

Listing date May 17, 2026

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Investment Insights

Based on property information with market context.

This duplex, configured with 8 bedrooms and 4 bathrooms, is currently operating as a successful Assisted Living Facility (ALF) near 72nd Avenue and Flagler Street in Miami. Situated on a corner lot exceeding 10,000 square feet with canal frontage, the property provides over 3,500 square feet of living space. The property is leased for the next two years, offering immediate cash flow and long-term investment potential. It features a large, commercial-style kitchen, a spacious living room, and a dedicated recreation area for residents. Designated for Retirement Home / Health Care land use, the duplex is suitable for continued assisted living or healthcare operations. The home is equipped with ADA-compliant bathrooms, fire safety systems, and licenses currently up to code. The property benefits from privacy, with no neighbors on three sides, creating a peaceful environment. Washer and dryers are leased. The zoning also allows for nursing home use.

Key Highlights

• Income‑producing property with a strong existing lease, providing immediate cash flow.
• Duplex zoning with Retirement Home / Health Care land use designation.
• 8 bedrooms and 4 bathrooms with over 3,500 SF of living space on a 10,000+ SF canal front corner lot.

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Similar Off Market Nearby

• Coral Gables Nursing and Rehabilitation — 7060 SW 8th St, Miami, FL 33144
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FAQs

What type of property is this?

Assisted living facility - Income-producing duplex operating as an ALF with strong lease income.

Where is this assisted living facility located?

The property is located at 7100 Northwest 1st Terrace 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 property with a strong existing lease, providing immediate cash flow.; Duplex zoning with Retirement Home / Health Care land use designation.; **8 bedrooms and 4 bathrooms with over 3,500 SF of living space on a 10,000+ SF canal front corner lot.**