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1601 NW 50th St, Miami FL 33142

Multi-family For Sale
$729,900

BTC: 8.79397590

ETH: 300.12335526

New
0 room(s)
2,033 sqft

Overview

INCOME-PRODUCING DUPLEX! Excellent investment opportunity in Miami! This renovated two-story property offers 2,269 Sq Ft of living area on a 5,600 Sq Ft lot. Renovated in 2025, featuring a 2025 roof, PVC plumbing, and separate electric meters for each unit. Unit 1 offers 3 bedrooms, 2 bathrooms, and an office; Unit 2 features 2 bedrooms and 1 bathroom. Both units include their own laundry areas. Four parking spaces. Currently generating $5,000 in monthly rental income ($60,000 annually), with month-to-month rental agreements. Tenants pay utilities, helping minimize operating expenses. An excellent opportunity for investors seeking immediate rental income and long-term investment potential!

Location

Florida • Miami • 33142 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1924
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$359
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$764,450
$558K – $949K
Confidence Low
List vs. estimate
$34K below estimate
List $729,900 · -4.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$359
-18.0% vs. city median $437
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $409K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,935
2025
Parking
4 spaces
All facts and features

  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Other Property Information

    • Parcel Number: 01-31-23-014-0371

    • Zoning: 0104

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,935

  • Source details

    • MLS ID: A12106274

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Elevated Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Architectural Style: Detached

    • Living Area: 2033

    • Water Source: Municipal Water

    • Subdivision Name: FAIRHAVEN GARDENS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33142
92
median $620K
Active
Same city
Miami
5,698
median $650K
Active
Same type
Multi-family
212
median $900K
Active
Similar price
$510K – $948K
1,914
median $679K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Related General Realty, LLC.