For sale

$729,900

1601 NW 50th St, Miami, FL 33142

6beds

3baths

2,033sqft

$5,234/mo

Get pre-qualified

Duplex

Built in 1924

-- sqft lot

$704,100 Zestimate^®

$359/sqft

$-- HOA

What's special

Renovated two-story propertyFour parking spacesOwn laundry areasPvc plumbing

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!

9 hours
11
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Central, Electric

Cooling

Central Air, Electric

Interior area

Total structure area: 2,269
Total interior livable area: 2,033 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4

Features

Stories: 2
Patio & porch: Patio

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0131230140371
Zoning: 0104

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Concrete Block Construction, CBS Construction
Foundation: Raised
Roof: Shingle

Condition

Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Fairhaven Gardens

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $359/sqft
Tax assessed value: $358,971
Annual tax amount: $7,935
Date on market: 10/13/2026
Listing terms: All Cash,1031 Exchange,FHA,FHA-Va Approved

Estimated market value

$704,100

$669,000 - $739,000

$2,850/mo

Price history

Date	Event	Price
10/14/2026	Listed for sale	$729,900+1.5%$359/sqft
Source: MIAMI #A12106274 Report a problem
3/19/2026	Listing removed	$719,000$354/sqft
Source: MIAMI #A11981501 Report a problem
3/12/2026	Listed for sale	$719,000-4.1%$354/sqft
Source: MIAMI #A11981501 Report a problem
2/5/2026	Listing removed	$749,900$369/sqft
Source: MIAMI #A11876272 Report a problem
2/5/2026	Price change	$749,900+7.1%$369/sqft
Source: MIAMI #A11876272 Report a problem
12/23/2025	Price change	$699,900-2.1%$344/sqft
Source: MIAMI #A11876272 Report a problem
11/5/2025	Price change	$714,900-0.7%$352/sqft
Source: MIAMI #A11876272 Report a problem
10/24/2025	Listing removed	$3,500$2/sqft
Source: MIAMI #A11893873 Report a problem
10/10/2025	Listed for rent	$3,500$2/sqft
Source: MIAMI #A11893873 Report a problem
9/22/2025	Price change	$719,900-4%$354/sqft
Source: MIAMI #A11876272 Report a problem
9/13/2025	Listed for sale	$749,900+64.8%$369/sqft
Source: MIAMI #A11876272 Report a problem
9/15/2023	Sold	$455,000-14.2%$224/sqft
Source: BeachesMLS #F10368369 Report a problem
8/17/2023	Pending sale	$530,000$261/sqft
Source: BeachesMLS #F10368369 Report a problem
4/12/2023	Price change	$530,000-3.6%$261/sqft
Source: BeachesMLS #F10368369 Report a problem
3/6/2023	Price change	$550,000-3.5%$271/sqft
Source: BeachesMLS #F10368369 Report a problem
2/16/2023	Listed for sale	$570,000+32.9%$280/sqft
Source: BeachesMLS #F10368369 Report a problem
12/9/2021	Sold	$429,000-4.5%$211/sqft
Source: MIAMI #A11113076 Report a problem
12/3/2021	Pending sale	$449,000$221/sqft
Source: MIAMI #A11113076 Report a problem
10/19/2021	Listed for sale	$449,000+57.5%$221/sqft
Source: MIAMI #A11113076 Report a problem
11/21/2006	Sold	$285,000+135.3%$140/sqft
Source: Public Record Report a problem
6/17/2004	Sold	$121,100+23.6%$60/sqft
Source: Public Record Report a problem
11/18/1999	Sold	$98,000+124.3%$48/sqft
Source: Public Record Report a problem
9/24/1999	Sold	$43,700$21/sqft
Source: Public Record Report a problem
4/27/1999	Sold	$43,700-50.1%$21/sqft
Source: Public Record Report a problem
9/22/1998	Sold	$87,600+12.3%$43/sqft
Source: Public Record Report a problem
11/12/1997	Sold	$78,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,935 +3%	$358,971 +3.5%
2024	$7,707 -1.1%	$346,788 +2.2%
2023	$7,794 +9.6%	$339,361 +10.2%
2022	$7,111 +82.7%	$308,060 +132.3%
2021	$3,893 +10.7%	$132,631 +10%
2020	$3,515 +8%	$120,574 +10%
2019	$3,255 +7.3%	$109,613 +10%
2018	$3,032	$99,649 +10%
2017	$3,032 +7.7%	$90,590 +56.1%
2016	$2,816 +102.2%	$58,020 +5.7%
2015	$1,392 +3.7%	$54,905 +5.5%
2014	$1,343 -29%	$52,033 +4.2%
2013	$1,892	$49,916 -0.4%
2012	$1,892 -8.9%	$50,096 -13.5%
2011	$2,077 -28.8%	$57,895 -35%
2010	$2,917 -42.9%	$89,092 -53.2%
2009	$5,108 -4.9%	$190,425 -10.6%
2007	$5,371 +31.1%	$213,087
2006	$4,098	--
2005	$4,098 +7%	--
2004	$3,829 +25%	--
2003	$3,064 +18%	--
2002	$2,595	--
2001	$2,595	--