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€ 1,406,300

5 bedroom luxury Villa for sale in Miami, Florida

€ 1,406,300
207 m² 3 5

Description

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 $2,280/month with ALF program. Second-floor unit: rented fully furnished at $2,520/month with ALF program. 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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Details

Bedrooms:
5
Bathrooms:
3
External size:
929 m²
Size:
207 m²
Reference:
A11887961
Year of construction:
1925

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Position

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