7100 NW 1st Terrace Sold
Property Details
| Sold Price | $850,000 |
|---|---|
| Last Asking Price | $899,999 |
| Price per SqFt | $241 |
| Property Taxes | $13,224 2025 |
| Interior Space | 3,531 SqFt |
| Beds/Baths | —/— |
| Year Built | 1964 |
| Pool | No |
| Closed Date | 9/14/2026 |
| MLS # | A12020549 |
Location
From the listing
Located near 72nd Avenue and Flagler Street in the heart of Miami, this exceptional income-producing duplex is currently operating as a successful Assisted Living Facility (ALF) and offers immediate cash flow with strong long-term investment potential. The property is leased for the next two years, with a renewable option available (Copy of lease attached). Situated on a spacious 10,000+ SF corner lot with canal frontage, the property features more than 3,500 SF of living space and includes 8 bedrooms and 4 bathrooms. Designed for assisted living operations, the home offers a large kitchen, expansive living areas, and a dedicated recreation space for residents. The property carries a RETIREMENT HOME / HEALTH CARE land use designation, making it ideal for continued ALF operations. It is fully equipped with AHCA-compliant bathrooms, updated fire safety systems, and licenses currently up to code. One of the property’s standout features is its exceptional privacy, with no neighbors on three sides, creating a quiet and peaceful environment for both residents and operators. Washer and dryer units are leased. Excellent opportunity for investors or operators seeking a turnkey assisted living facility in a prime Miami location. Call for additional information and details – By appointment only – Please DO NOT DISTRUB TENANTS.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $13,224 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 7100 NW 1st Terrace, Miami, FL 33126
Sales history is unavailable for this property
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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7100 NW 1st Terrace, Miami · MLS A12020549 · Sold Sep 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.