520 NW 49th St, Miami, FL 33127
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: tenisha williams
Office: elite realty partners, inc.
MLS#:A11887961
Source:SEFMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$597.83
About this home
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.
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Home facts
- Year built:1925
- Listing ID #:A11887961
- Updated:November 15, 2025 at 10:57 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,230 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:2,230 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Miami Edison
- Elementary school:Shadowlawn
Utilities
- Water:Public
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$597.83
- Tax amount:$15,164 (2024)
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