Miami ALF Duplex For
7100 NW 1st Ter, Miami, FL 33126
New
Business Opportunity - Miami, FL
Property size:
3,500 SFLot size:
0.23 AcresPrice / SF:
$257/SF- Added:
- May 17, 2026
- Days on Market:
- 1
- Last Refresh:
- May 17 at 7:06 pm
Property Features for 7100 NW 1st Ter
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 5700
- Parking
- 10
- Exterior features
- Storm/Security Shutters
- Standard status
- Active
- APN
- 30-40-02-006-0080
- Size
- 3,500 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13243
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1964
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Miguel Solis License #0624178 (305) 695-6300
Listing office Douglas Elliman 1515 Sunset Dr # 10, Palm Beach, FL (305) 695-6300
Listing date May 17, 2026
MLS# A12020618
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.
HighLights
- Income‑producing property with a strong existing lease for the next two years, providing immediate cash flow.
- Zoned duplex with Retirement Home / Health Care land use designation, suitable for continued assisted living or healthcare operations.
- Boasting over 3,500 SF of living space with 8 bedrooms and 4 bathrooms.
- Situated on a 10,000+ SF corner lot with canal frontage and privacy (no neighbors on three sides).
- Fully equipped with ADA‑compliant bathrooms and room layouts, along with fire safety systems and licenses currently up to code.
- Includes a large commercial‑style kitchen, spacious living room, and a dedicated recreation area.
Overview
Located near 72nd Avenue and Flagler Street in Miami, this income-producing duplex is currently leased as an assisted living facility (ALF). The property is situated on a 10,000+ SF corner lot with canal frontage. It features over 3,500 SF of living space, including 8 bedrooms and 4 bathrooms. The facility is equipped with a large commercial-style kitchen, a spacious living room, and a dedicated recreation area for residents. Zoned duplex with a Retirement Home / Health Care land use designation, the property is suitable for continued assisted living or healthcare operations. The home includes ADA-compliant bathrooms and room layouts, along with fire safety systems and licenses currently up to code. The property offers privacy with no neighbors on three sides, creating a peaceful environment. The property is leased for the next two years, providing immediate cash flow and long-term investment potential.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$779.9K
NOI $70,194 @ 9.00% cap · cautious / downside scenario
Moderate
$1.00M
NOI $70,194 @ 7.00% cap · market / base-case scenario
Aggressive
$1.40M
NOI $70,194 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.1k | $30.60 |
| − Vacancy | −$6.8k | −$1.95 |
| EGI | $100.3k | $28.65 |
| − OpEx | −$30.1k | −$8.60 |
| NOI | $70.2k | $20.06 |
3,500 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.00M
$877.4K – $1.17M
NOI $70,194 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$923.7K
$808.2K – $1.08M
NOI $64,657 @ 7.0% cap · market cap 7.18%
Theoretical Best
Specialty Retail
$2.36M
$2.07M – $2.76M
NOI $165,377 @ 7.0% cap · market cap 18.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Maggies retirement ALF
Corporate Office
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.310864
- Latitude
- 25.771256
Nearby Similar for Sale
FAQs
What type of property is this?
Assisted living facility - Income-producing duplex operating as an ALF with canal frontage.
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 property with a strong existing lease for the next two years, providing immediate cash flow.; Zoned duplex with Retirement Home / Health Care land use designation, suitable for continued assisted living or healthcare operations.; Boasting over 3,500 SF of living space with **8 bedrooms and 4 bathrooms.**
