Near Miami's coveted Design District, this property is an investor's dream with a high cap rate! The main house has 2 bed, 1.5 baths with hardwood floors and a private yard. Additionally, there are two spacious renovated studios, one with a private backyard. All units are currently leased and studios share a coin laundry. Tenants pay all utilities. Ample parking, including a garage. Don't miss this opportunity to start collecting rents in a prime location near the airport and beaches.
Sold for $799,000 on 12/13/23
$799,000
261 NW 50th St, Miami, FL 33127
2beds
4baths
1,445sqft
Duplex
Built in 1958
-- sqft lot
$815,300 Zestimate®
$553/sqft
$5,299 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 22, 2023 at 10:55pm
Listed by:
Dija Phaire 305-989-4242,
Compass Florida, LLC
Bought with:
Orlando Alpizar, 3456917
Compass Florida LLC
Source: MIAMI,MLS#: A11478216
Originating MLS: A-Miami Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Heating
- Central, Window/Wall
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 2,202
- Total interior livable area: 1,445 sqft
Property
Parking
- Total spaces: 2
Features
- Stories: 2
- Patio & porch: Open Porch, Patio
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131240134621
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & neighborhood
Location
- Region: Miami
- Subdivision: Railway Shops Addn 2nd Am
Other
Other facts
- Listing terms: All Cash,Cash
Services availability
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Estimated market value
$815,300