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7 NE 50th St, Miami FL 33137

Multi-family Active With Contract
$975,000

BTC: 15.23437500

ETH: 558.41924399

24 days
0 room(s)
1,300 sqft

Overview

This fully remodeled 4-bedroom, 2-bathroom property is a stabilized, income-producing asset positioned at the intersection of Miami’s most desirable growth corridors. Located just minutes from the Miami Design District and the Biscayne Boulevard commercial artery, the property benefits from high-density foot traffic and proximity to luxury retail and global dining. This strategic location ensures consistent year-round demand, as evidenced by its established performance as a high-yield Airbnb operation. The property generates a proven Net Operating Income (NOI) of $77,855.00 through short-term rental stays. Unlike many residential areas in Miami with restrictive rental policies, this asset is situated in a T4-L (Urban General - Limited) zone, where "lodging" uses are permitted by right. For an investor, this provides a secure regulatory environment for continued short-term rental operations while maintaining the flexibility of its legal duplex status. The turnkey condition and poolside amenities make this a rare "day-one" income play in a supply-constrained urban market.

Location

Florida • Miami • 33137 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1951
Lot:
No Data
Heating:
Central
Price/sqft:
$750
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$459,000
$301K – $584K
Confidence Low
List vs. estimate
$516K above estimate
List $975,000 · +112.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$750
+74.0% vs. city median $431
Based on
63 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $651K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,129
2025
Pool
In Ground
All facts and features

  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-24-015-0240

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $9,129

  • Source details

    • MLS ID: A11961459

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: In Ground

    • Architectural Style: Attached

    • Living Area: 1300

    • Subdivision Name: BELLAIRE SUB

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
33137
634
median $814K
Active
Same city
Miami
12,209
median $650K
Active
Same type
Multi-family
509
median $995K
Active
Similar price
$682K – $1.3M
2,711
median $870K
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: Fausto Commercial Realty Consultants Inc