Home
$1,999,000
8600 SW 162nd Street, Palmetto Bay FL 33157 – Residential
162nd Street
- 6 beds
- 3 baths
- 3,369 sqft
Special Purpose
Type
1958
Built
Listing courtesy of
Canvas Real Estate
Heriberto Rios
MLS® #A12017365
Listing information last updated May 13, 2026
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Overview
This special purpose in Cutler Bay is listed for sale at $1,000,000. Built in 1958.
Exceptional Investment Opportunity in Cutler Bay: Fully Operational Assisted Living Facility (ALF)
For sale: 4B/2B a well-established Assisted Living Facility (ALF) in continuous operation since 2019, featuring a current and transferable license, full occupancy across its 6 beds, and uninterrupted operations.
The residence offers 1,647 sq. ft. of living area on a generous 8,525 sq. ft. lot, and is delivered in excellent condition, ready to ensure seamless operational continuity from day one. Recent upgrades include impact-resistant windows, a new roof, and a backup generator — providing enhanced safety, efficiency, and regulatory compliance.
Located in a prime residential area of Cutler Bay, the facility provides a warm, professional environment supported by a highly qualified care team with extensive industry experience. Existing resident contracts will remain in place after closing, ensuring stable, immediate cash flow for the new owner. Additional resident services further enhance the facility’s competitive edge and generate supplementary revenue streams.
With a transferable license, active resident contracts, and a fully established operation, this property represents a true turnkey investment — ideal for investors or operators looking to add a stable, profitable, and proven cash-flowing business to their portfolio within South Florida’s rapidly growing senior care sector. Its solid infrastructure, strategic location, and reliable operations position
Listed for sale
May 12, 2026 · MIAMI MLS
$1,000,000
Days on market
as of today
71 days
9760 Memorial Rd, Cutler Bay FL 33157
Est. monthly payment
—
per month
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions on price, building, or financing? Send a note — we reply fast.
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$1,000,000



















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