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Single Family Residence
$845,000$445 / sqft
18201 NW 57th Ave, Miami Gardens FL 33055
Listed
5
Bedrooms
3
Bathrooms
1,900 sqft
Interior
1960
Year built
None
HOA
Single Family Residence
Type
About this home
Versatile Property in Miami – Ideal for Medical or Group Home Use! Spacious 5-bedroom, 3-bathroom property with a dedicated office, currently operating as an Assisted Living Facility (ALF) for over 14 years. Located in the City of Miami, this versatile property offers strong potential for various business and professional uses. The property features a comfortable living room, dining room, fully equipped kitchen, and a dedicated laundry room with a washer and dryer. Ample parking is available along the side and front of the property, providing added convenience for staff, visitors, and clients. Previously operated as an ALF, the property offers an excellent opportunity for a group home, daycare, rehabilitation center, urgent care facility, or other medical-related businesses, subject to applicable zoning, licensing, and regulatory requirements. Please note: The sale does not include the ALF license. Conveniently located near major shopping centers, highways, and a variety of established businesses, this property combines space, functionality, and accessibility in a desirable Miami location. A unique opportunity for investors, operators, or business owners seeking a flexible property with multiple potential uses!
Features
- First Floor Entry
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Lighting
- Room For Pool
- Garden
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.