Rare Miami Investment! In historic Model City, this 10,000 SF lot sits just 5 miles from Downtown Miami and 6 miles from MIA Airport. The single family home is operating as a licensed 8-bed assisted living facility, the sale includes both the business and real estate.The main single-family home features 5 bedrooms + office & 3 full baths, ideal for multi-use or continued ALF operations.Behind the main home, a detached multifamily dwelling adds two income-producing efficiencies: First-floor unit: rented month-to-month at $2,280/month with ALF program. Second-floor unit: rented fully furnished at $2,520/month with ALF program. Offers immediate cash flow and long-term upside in Miami’s thriving redevelopment corridor. Perfect for investors or operators seeking a turn-key, income-generating opportunity.
Property Details
Price:
$1,650,000
MLS #:
A11887961
Status:
Active
Beds:
5
Baths:
3
Address:
520 NW 49th St
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BAY VISTA PARK AMD PL
Neighborhood:
bayvistaparkamdpl
City:
Miami
Listed Date:
Sep 30, 2025
State:
FL
Finished Sq Ft:
2,230
Total Sq Ft:
2,760
ZIP:
33127
Year Built:
1925
Schools
Elementary School:
Shadowlawn
High School:
Miami Edison
Interior
Appliances
Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central, Electric
Laundry Features
Utility Room/ Laundry, Washer/ Dryer Hook- Up
Exterior
Architectural Style
Detached, One Story, Two Story
Community Features
Public Road, Sidewalks, Street Lights
Construction Materials
C B S Construction
Parking Features
Additional Spaces Available, Other
Roof
Shingle
Security Features
Smoke Detector
Financial
Tax Year
2024
Taxes
$15,164
Map
Contact Us
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520 NW 49th St
Miami, FL
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