7100 NW 1st Terrace, Miami, FL 33126

$899,999

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12020549

Property Type: Residential Income Square Footage: 3,585 Status: Pending

Current Price: $899,999 List Date: 5/17/2026 Last Modified: 7/27/2026

Overview

Description

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 th ... (Read more)

Listing Details MLS# A12020549

General Property Information

Number Of Units Total: 2
Property Sub Type: Duplex
Building Area Main: 3585
Living Area Main: 3531
Adjusted Area Main: 3452
Year Built: 1964
Parking Total: 10
Waterfront YN: Yes
Water Frontage Feet: 100
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security; Service Contracts Electric: Circuit Breakers Flooring: Ceramic Tile Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air Heating: Central; Electric; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Septic Tank Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Access: Other Water Source: Public Waterfront Features: Canal Front; Creek Showing Requirements: 24 Hour Notice; Call Listing Agent; Showing Service Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Family Room; Kitchen; Laundry Room Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit; Fire Sprinklers; Smoke Detector(s) Unit 2 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 899999

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7100
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Terrace
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33126
Postal Code +4: 4250
Postal Zip: 33126
Subdivision Name: LANGER SUB
Development Name: NURSING HOME
Area: 2400
Elementary School: Flagami
Middle Or Junior School: West Miami
High School: South Miami
Parcel Number: 3040020060080
Subdivision Number: 6
Zoning: 5700
Flood Zone: AE,X
Directions: 72 AVENUE TO NW 1 TERRACE GO EAST TO THE CORNER

Financial Information

Tax Annual Amount: 13224
Tax Year: 2025
Tax Legal 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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-06-29T13:59:42Z
Major Change Type: Status Change
Status Change Date: 2026-06-29
Under Contract Date: 2026-05-29

More Information

Meter Information

Separate Electric Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Storm Protection

Permanent Generator: Partial

Unit 1 Details

Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1780

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Baths Full: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1780

Unit 2 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 254.88

Section Details

Parcel Number MLX: 0080

Originating Details

Originating System Key: 478699530
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Electric

Circuit Breakers: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Security: Yes
Service Contracts: Yes

Structure Type

Duplex: Yes

Possession

Negotiable: Yes

Sewer

Septic Tank: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes
Separate Meters: Yes

Water Access

Other: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes
Creek: Yes

Income and Expenses

Gross Income: 0

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes
Showing Service: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Fire Sprinklers: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Patio/Porch

Screened Porch: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Douglas Elliman

Last Updated: July - 27 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

7100 NW 1st Terrace, Miami, FL 33126 (MLS# A12020549)