1601 NW 50th Street, Miami, FL 33142

$729,900
Property Type: Residential Income Square Footage: 2,269 Status: Active
Current Price: $729,900 List Date: 10/13/2026 Last Modified: 10/14/2026

Overview

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!

Listing Details MLS# A12106274

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2269
Living Area Main
2033
Adjusted Area Main
1400
Year Built
1924
Parking Total
4
Lot Size Dimensions
5600
Outdoor Living Spaces YN
Yes
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Other Available Information Flooring: Laminate Property Condition: Resale Structure Type: Duplex Construction Materials: Block; CBS Cooling: Central Air; Electric Heating: Central; Electric; Separate Meters Listing Terms: 1031 Exchange; Cash; FHA; FHA-VA Approved Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Showing Service Outdoor Living Spaces: Patio Unit 1 Parking Features: Open Parking Unit 1 Rooms: Family Room Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
729900

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1601
Street Direction Prefix
NW
Street Name
50th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33142
Postal Code +4
4162
Postal Zip
33142
Subdivision Name
FAIRHAVEN GARDENS
Area
2310
Elementary School
Kelsey L. Pharr
Middle Or Junior School
Georgia Jones-Ayers
High School
Miami Northwestern
Parcel Number
0131230140371
Subdivision Number
14
Zoning
0104
Flood Zone
X
Directions
GPS
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
7935
Tax Year
2025
Tax Legal Description
FAIRHAVEN GDNS PB 6-76 LOT 20 BLK 2 LOT SIZE 50.000 X 112 OR 20074-0831 11 2001 3 COC 25117-1791 11 2006 1

Status Change Information

Major Change Timestamp
2026-10-13T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-13

More Information

Income and Expenses

Gross Income
5000

Unit 1 Details

Actual Rent
3300
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
SqFt
1630

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
630

Unit 2 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
359.02

Section Details

Parcel Number MLX
0371

Originating Details

Originating System Key
566937520
Originating System ID
M00000151
IDX
Listing Office: Related General Realty, LLC.
Source MLS Verified
Last Updated: October - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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