Single Family Home $ 1,650,000

520 NW 49th St

Miami, FL 33127

  • 5 Beds
  • 3 Baths
    Full Baths: 3
  • 2,230 SqFt
  • 10,000 Lot Size
  • 1925 Year Built
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.
Listed by Elite Realty Partners, Inc.

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 230 sqft

    Price per Sqft $739

    Subdivision Bay Vista Park Amd Pl

    MLS Listing ID A11887961

    Style Detached, One Story, Two Story

    Bedrooms 5

    Full Baths 3

    HOA Y/N No

    Year Built 1925

    Annual Tax Amount $15,164

    Tax Year 2024

    Lot Size 10,000 Sqft

    Property Sub-Type Single Family Residence

  • Location

    State FL

    County Miami-dade

    Community Bay Vista Park Amd Pl

    Area 31

  • Building

    Lot Description < 1/4 Acre

    Faces North

    Story 1

    Sewer Other

    Water Public

    Architectural Style Detached, One Story, Two Story

    Level or Stories Two

    Additional Building Apartment

    Structure Type Block

  • Interior

    Interior Features Bedroom on Main Level, Second Floor Entry, First Floor Entry

    Heating Central, Electric

    Cooling Central Air

    Flooring Laminate, Tile

    Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer

    Laundry Washer Hookup, Dryer Hookup

  • Exterior

    Exterior Feature Fence

    Pool None

    Community Features Street Lights, Sidewalks

    View Y/N No

    View None

    Roof Type Shingle

    Garage No

    Private Pool No

  • Schools

    Elementary Schools Shadowlawn

    High Schools Miami Edison

  • Others

    Senior Community No

    Restrictions OK To Lease

    Tax ID 01-31-24-001-1380

    Security Features Smoke Detector(s)

    Acceptable Financing Cash, Conventional, Cryptocurrency, Other

    Listing Terms Cash, Conventional, Cryptocurrency, Other

    Special Listing Condition Listed As-Is

    Virtual Tour https://app.infinityy.com/view/-3c7e95e905a44f4189be9d09c11aacc6?f=1

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CONTACT

Elite Realty Partners
Elite Realty Partners

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