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 $1,200/month. Second-floor unit: rented fully furnished at $1,900/month. 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.
For sale
Price cut: $155K (10/15)
$1,650,000
520 NW 49th St, Miami, FL 33127
5beds
2,230sqft
Est.:
Single Family Residence
Built in 1925
10,000 Square Feet Lot
$-- Zestimate®
$740/sqft
$-- HOA
What's special
- 53 days |
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