About this Property
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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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Elite Realty Partners, Inc..