Prime investment opportunity in the heart of Miami’s highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The existing structure presents an ideal opportunity for a teardown and new construction, allowing buyers to design and build a modern masterpiece tailored to today’s high-end market. Surrounded by multi-million-dollar homes and ongoing luxury development, this property sits in one of Miami’s fastest-growing and most desirable neighborhoods. Just minutes from world-class dining, luxury retail, art galleries, Wynwood, Midtown, and Miami Beach. A rare chance to secure a lot in a premier location with strong upside potential and long-term value. Ideal for investors, builders, or buyers with vision seeking to capitalize on the demand for luxury new construction in the Design District.
Sold for $1,100,000
$1,100,000
111 NE 50th St, Miami, FL 33137
4beds
1,704sqft
Single Family Residence
Built in 1926
6,150 Square Feet Lot
$1,099,900 Zestimate®
$646/sqft
$5,838 Estimated rent
Home value
$1,099,900
$968,000 - $1.25M
$5,838/mo
Zestimate® history
Owner options
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$5,838/mo
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$5,838/mo
Rent Zestimate®
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$7,625/mo
Est. payment
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$7,625/mo
Est. payment
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Surrounded by multi-million-dollar homes
Zillow last checked:
Listing updated:
Listed by:
Betty Jean-Baptiste 754-707-3460,
NTD 1ST Class Realty Miami,
Niva Telfort 786-722-7908,
NTD 1ST Class Realty Miami
Bought with:
Niva Telfort, 3389546
NTD 1ST Class Realty Miami
Source: MIAMI,MLS#: A11960341
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator
- Laundry: Laundry Room
Features
- Storage
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,486
- Total interior livable area: 1,704 sqft
Property
Parking
- Total spaces: 2
- Parking features: Covered, Driveway
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: First Floor Entry, Second Floor Entry
- Patio & porch: Open Porch
- Exterior features: Room For Pool
- Pool features: R30-No Pool/No Water
- Fencing: Fenced
- Has view: Yes
- View description: None
Lot
- Size: 6,150 Square Feet
- Features: Less Than 1/4 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Additional structures: Guest House
- Parcel number: 0131240150110
- Zoning: 0104
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Concrete
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Subdivision: Bellaire Sub
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $738,831
- Annual tax amount: $1,410
- Date on market: 2/5/2026
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Sold | $1,100,000$646/sqft |
Source:  MIAMI #A11960341 Report a problem | ||
| 5/17/2026 | Pending sale | $1,100,000$646/sqft |
Source: MIAMI #A11960341 Report a problem | ||
| 3/5/2026 | Price change | $1,100,000-15.4%$646/sqft |
Source: MIAMI #A11960341 Report a problem | ||
| 2/6/2026 | Listed for sale | $1,300,000$763/sqft |
Source: MIAMI #A11960341 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,410 +1.6% | $72,704 +5% |
| 2024 | $1,388 -0.1% | $69,232 +3% |
| 2023 | $1,389 +1% | $67,216 +3% |
| 2022 | $1,376 -0.7% | $65,259 +2.9% |
| 2021 | $1,385 +0.2% | $63,394 +1.4% |
| 2020 | $1,382 +0.6% | $62,519 +2.3% |
| 2019 | $1,373 +1.7% | $61,114 +1.9% |
| 2018 | $1,351 | $59,975 +2.1% |
| 2017 | $1,351 +0% | $58,742 +2.1% |
| 2016 | $1,351 -1.4% | $57,534 +0.7% |
| 2015 | $1,370 -0.7% | $57,135 +0.8% |
| 2014 | $1,380 +1.2% | $56,682 +1.5% |
| 2013 | $1,364 | $55,845 +1.7% |
| 2012 | $1,364 +0.7% | $54,912 +3% |
| 2011 | $1,355 -2.2% | $53,313 +1.5% |
| 2010 | $1,386 +5.5% | $52,526 +2.7% |
| 2009 | $1,314 +0.9% | $51,146 |
| 2006 | $1,302 | -- |
| 2005 | $1,302 -0.8% | -- |
| 2004 | $1,313 +3.1% | -- |
| 2003 | $1,274 +6.5% | -- |
| 2002 | $1,196 | -- |
| 2001 | $1,196 | -- |
Find assessor info on the county website
Neighborhood: Little Haiti
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Nearby schools
GreatSchools rating
- 6/10Toussaint L'Ouverture ElementaryGrades: PK-5Distance: 0.5 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$1,099,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,099,900
- Florida
- Miami-Dade County
- Miami
- 33137
- Little Haiti
- 111 NE 50th St
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