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520 NW 49th St, Miami, Florida 33127

Active For Sale
$1,650,000
  • Beds 5
  • Baths 3
  • Sq Ft 2,230 Sqft
  • Visits: 4 in 65 days

Description

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.

Features

  • Swimming Pool: No
  • Heating System: Central, Electric
  • Cooling System: Central Air
  • Security: Smoke Detector(s)
  • Parking: Other

Appliances

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: BAY VISTA PARK AMD PL
  • Zipcode: 33127
  • Street: 49th St
  • Street Number: 520
  • Floor Number: 0
  • Longitude: W81° 47' 44.7''
  • Latitude: N25° 49' 13.4''
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Architectural Style: Detached, Two Story, One Story
  • Association Fee: $0
  • Close Price: $0
  • Community Features: Street Lights, Sidewalks
  • Elementary School: Shadowlawn
  • Exterior Features: Fence
  • Flooring: Tile, Laminate
  • High School: Miami Edison
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, Second Floor Entry, First Floor Entry
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: Two
  • Listing Terms: Cash, Other, Conventional, Cryptocurrency
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Road Frontage Type: City Street
  • Stories: 1
  • Tax Annual Amount: $15,164
  • Tax Year: 2024

Location

Listing Updated: 2025-11-29 17:10:12

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11887961
  • Price : $1,650,000
  • View : None
  • Bedrooms : 5
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 2,230 Sqft
  • Year Built : 1925
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 64
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