Price Reduced Listing
$715,000
 $3,838 est/mo Sourced by Back At You

1601 NW 50th Street,Miami, FL 33142

Miami, FL 33142

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Description

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!

Details

MLS #A12106274
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1924
Days On Site19
Listing Provided ByRelated General Realty, LLC. | Ydalia Josefina Rodriguez

Features

SQ Feet2,033
Story(s)2
Units2
Zoning0104
Acreage5600.00

Taxes

Tax Annual Amount7935

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Community NameFAIRHAVEN GARDENS
Listing VS Median (in FAIRHAVEN GARDENS)
Price:
$715,000
low | high
Med:
$435,000
89.160839160839% of Average
sqft:
2,033
low | high
Med:
1,231
89.449090014757% of Average
$ / sqft:
$352
low | high
Med:
$355
49.179761166201% of Average
On site:
19
low | high
Med:
135.5
14.022140221402% of Average
Sourced by Back At You

Market Activity 33142

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33142
Area2310
Community NameFAIRHAVEN GARDENS
Listing VS Median (in FAIRHAVEN GARDENS)
Price:
$715,000
low | high
Med:
$435,000
89.160839160839% of Average
sqft:
2,033
low | high
Med:
1,231
89.449090014757% of Average
$ / sqft:
$352
low | high
Med:
$355
49.179761166201% of Average
On site:
19
low | high
Med:
135.5
14.022140221402% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $536K - $893K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
4769 NW 17th Avenue Property Photo 1
$579,000
4769 Nw 17th Avenue
Miami, FL 33142
4729 NW 15th Avenue Property Photo 1
$709,000
4729 Nw 15th Avenue
Miami, FL 33142
Listing Updated: October 31, 2026 at 2:01:54 PM PDT