520 NW 49th St, Miami, FL 33127

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
520 NW 49th St,Miami, FL 33127
$1,650,000
  • 5 Beds
  • 3 Baths
  • 2,230 sq. ft.
  • Single family
  • Active
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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.