17010 SW 100th Ave, Miami, FL 33157

About 17010 SW 100th Ave, Miami, FL 33157

RARE MULTIFAMILY OPPORTUNITY WITH A SENIOR ASSISTED LIVING FACILITY AND EXCEPTIONAL INCOME POTENTIAL! This is not your typical Miami fourplex. Featuring a total of 8 bedrooms and 4 bathrooms, this property offers multiple income streams and a unique setup with the potential to generate significantly more revenue than a traditional fourplex. The first floor was converted into a Senior Assisted Living Facility and is approved to operate for up to 6 residents, per seller. It is equipped with a full fire alarm system, smoke detectors, four fire extinguishers, tile flooring, an updated kitchen, and a 2024 A/C system. Depending on how the assisted living operation is structured, the first floor alone may have the potential to generate approximately $6,000–$20,000 per month, whether operated directly or leased to an assisted living operator, creating the possibility for substantially higher revenue than using the space strictly as traditional residential units. Adding even more value and stability are the two upstairs units, which may provide steady rental income and are estimated to rent for approximately $1,800–$2,000 per month each, subject to market conditions. An exceptional opportunity for an experienced assisted living operator looking to combine business income with additional rental income, or for an investor searching for a multifamily property with a unique value-add component. The property also features a good-sized backyard.

How This Listing Compares in Miami

Per square foot, it is asking 13% above the Miami median for sales closed over the last twelve months.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 17010 SW 100th Ave, Miami, FL 33157

Interior Features

Stairs

Flooring

Tile

Heating

Central

Cooling

Central Air, Wall/Window Unit(s)

Architectural Style

Attached

Pool Private

No

Year Built Details

Resale

The Building at 17010 SW 100th Ave, Miami, FL 33157

Building Name

GREENE SUB 2ND ADDN

Building Area Total

1464

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Lot, Views & Construction at 17010 SW 100th Ave, Miami, FL 33157

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

Roof

Concrete

Sewer

Public Sewer

New Construction

No

Taxes & Public Record for 17010 SW 100th Ave, Miami, FL 33157

Parcel Number

30-50-32-003-0080

Tax Annual Amount

$7,834

Tax Year

2,025

Tax Legal Description

GREENE SUB 2ND ADDN PB 51-12 LOT 8 BLK 7 LOT SIZE 85.000 X 115 OR 16589-0320 1194 2 (2) COC 25120-1157 11 2006 1

Zoning

3050

County Or Parish

Miami-Dade County

Map & Neighborhood