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.
Under contract
$1,100,000
111 NE 50th St, Miami, FL 33137
4beds
1,704sqft
Single Family Residence
Built in 1926
6,150 Square Feet Lot
$-- Zestimate®
$646/sqft
$-- HOA
What's special
Surrounded by multi-million-dollar homes
- 150 days |
- 46 |
- 1 |
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
Source: MIAMI,MLS#: A11960341
Originating MLS: A-Miami Association of REALTORS
Facts & 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2026 | Pending sale | $1,100,000$646/sqft |
Source: | ||
| 3/5/2026 | Price change | $1,100,000-15.4%$646/sqft |
Source: | ||
| 2/6/2026 | Listed for sale | $1,300,000$763/sqft |
Source: | ||
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 | $1,196 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Little Haiti
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
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Miami-Dade County
- Miami
- 33137
- Little Haiti
- 111 NE 50th St




