About 520 Nw 49th St
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.
Features of 520 Nw 49th St
| MLS® # | A11887961 |
|---|---|
| Price | $1,650,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,230 |
| Acres | 0.00 |
| Year Built | 1925 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Detached, One Story, Two Story |
| Status | Active |
Community Information
| Address | 520 Nw 49th St |
|---|---|
| Area | 31 |
| Subdivision | BAY VISTA PARK AMD PL |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33127-2149 |
| HOPA | No Hopa |
Amenities
| Features | Street Lights, Sidewalks |
|---|---|
| Parking | Other |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Subdivision | Street Lights, Sidewalks |
Interior
| Interior | Laminate, Tile |
|---|---|
| Appliances | Dryer, Electric Range, Microwave, Refrigerator, Washer |
| Heating | Central, Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | Two |
Exterior
| Exterior Features | Fence |
|---|---|
| Roof | Shingle |
| Construction | Block |
School Information
| Elementary | Shadowlawn |
|---|---|
| High | Miami Edison |
Listing Details
| Office | Elite Realty Partners, Inc. |
|---|