1601 NW 50th Street
Miami, FL 33142
$729,900
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!
| List Price: | $729,900 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 2,033 |
| Tax Annual Amount: | $7,935 |
| Waterfront?: | No |
| Subdivision: | Fairhaven Gardens |
| Year Built: | 1924 |
| Basement Yn: | No |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling: | CentralAir, Electric |
| Elementary School: | Kelsey L. Pharr |
| Exterior Features: | OutdoorLivingArea |
| Heating: | Central, Electric, SeparateMeters |
| High School: | Miami Northwestern |
| Listing Contract Date: | 2026-10-13 |
| Lot Size Dimensions: | 5600 |
| Middle Or Junior School: | Georgia Jones-Ayers |
| MLS Area Major: | 2310 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 2 |
| Original List Price: | $729,900 |
| Parcel Number: | 0131230140371 |
| Parking Total: | 4 |
| Possession: | CloseOfEscrow |
| Postal City: | Miami |
| Property Condition: | Resale |
| Roof: | Shingle |
| Sewer: | PublicSewer |
| Stories Total: | 2 |
| Tax Year: | 2025 |
| Current Price: | $729,900.00 |
| Country Subdivision: | 12025 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12025:0131230140371 |
| Listing Id: | A12106274 |
|---|---|
| Property Sub Type: | Duplex |
| City: | Miami |
| County Or Parish: | Miami-dade |
| Postal Code: | 33142 |
| Number Of Units Total: | 2 |
| Building Area Total: | 2269.0 |
| Cooling?: | Yes |
| Directions: | GPS |
| Flooring: | Laminate |
| Gross Income: | $5,000 |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Exchange1031, FHA, VaLoan |
| Patio And Porch Features: | Patio |
| Postal Code Plus4: | 4162 |
| Public Survey Township: | 1 |
| State Or Province: | FL |
| Utilities: | CableAvailable |
| Water Source: | Public |
| Zoning: | 0104 |
| Property Sub Type Additional: | Duplex |
| List Office National Association Id: | 0 |
| Record Signature: | 717,166,111 |
Listing Courtesy of: Related General Realty, LLC.
Listing Agent: Ydalia Rodriguez
813-485-3612
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BeachesMLS data last updated on October 14, 2026 02:43 AM - ET
Property Last Updated: October 14, 2026 02:43 AM - ET
