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Sold for $799,000
    • $799,000

    261 NW 50th St, Miami, FL 33127

    2beds
    4baths
    1,445sqft
    Duplex
    Built in 1958
    -- sqft lot
    $842,400 Zestimate®
    $553/sqft
    $3,454 Estimated rent

    Home value

    $842,400

    $783,000 - $918,000

    $3,454/mo

    Zestimate® history
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    What's special

    Private backyardHardwood floorsSpacious renovated studios
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dija Phaire 305-989-4242,

    Compass Florida, LLC

    Bought with:

    Orlando Alpizar, 3456917

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11478216MLS LogoOriginating 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 & HOA

    Community
    • Subdivision: Railway Shops Addn 2nd Am
    HOA
    • Has HOA: No
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $553/sqft
    • Tax assessed value: $573,485
    • Annual tax amount: $9,042
    • Date on market: 10/31/2023
    • Listing terms: All Cash,Cash

    Price history

    DateEventPrice
    12/13/2023Sold$799,000$553/sqft
    Source: MIAMI #A11478216 Report a problem
    12/4/2023Contingent$799,000$553/sqft
    Source: MIAMI #A11478216 Report a problem
    10/31/2023Listed for sale$799,000+110.3%$553/sqft
    Source: MIAMI #A11478216 Report a problem
    3/15/2023Listing removed--
    Source: MIAMI #A11325301 Report a problem
    2/23/2023Price change$2,800-6.7%$2/sqft
    Source: MIAMI #A11325301 Report a problem
    1/11/2023Listed for rent$3,000+30.4%$2/sqft
    Source: MIAMI #A11325301 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    11/24/2017Listing removed$2,300$2/sqft
    Source: Owner Report a problem
    11/4/2017Price change$2,300+16.5%$2/sqft
    Source: Owner Report a problem
    10/26/2017Price change$1,975-10.2%$1/sqft
    Source: Beachfront Realty Inc #A10357591 Report a problem
    10/18/2017Price change$2,200-4.3%$2/sqft
    Source: Beachfront Realty Inc #A10357591 Report a problem
    10/4/2017Sold$380,000-15.5%$263/sqft
    Source: Public Record Report a problem
    9/28/2017Listed for rent$2,300+9.5%$2/sqft
    Source: Owner #A10357591 Report a problem
    1/1/2017Listing removed$449,900$311/sqft
    Source: Eastside R.E. Investments LLC #A2170237 Report a problem
    7/20/2016Listing removed$2,100$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/15/2016Price change$449,900-4.3%$311/sqft
    Source: Eastside R.E. Investments LLC #A2170237 Report a problem
    2/3/2016Price change$469,900-2.1%$325/sqft
    Source: Eastside R.E. Investments LLC #A2170237 Report a problem
    11/11/2015Listed for sale$479,900+174.2%$332/sqft
    Source: Eastside R.E. Investments LLC #A2170237 Report a problem
    11/5/2015Sold$175,000$121/sqft
    Source: Agent Provided Report a problem
    2/26/2015Listing removed$2,100$1/sqft
    Source: Eastside R.E. Investments LLC #A2051607 Report a problem
    1/9/2015Listed for rent$2,100$1/sqft
    Source: Point2 #A2051607 Report a problem
    11/14/2014Sold$175,000-7.4%$121/sqft
    Source: Public Record Report a problem
    9/14/2010Listing removed$189,000-0.5%$131/sqft
    Source: United Realty Group Inc #H872097 Report a problem
    7/8/2010Listed for sale$189,999+0.5%$131/sqft
    Source: United Realty Group Inc #H872097 Report a problem
    5/4/2010Listing removed$189,000$131/sqft
    Source: Florida Realty Of Miami Report a problem
    2/25/2010Listed for sale$189,000-12.1%$131/sqft
    Source: Florida Realty Of Miami Report a problem
    7/2/2008Listing removed$215,000$149/sqft
    Source: Listhub #D1244922 Report a problem
    5/15/2008Listed for sale$215,000$149/sqft
    Source: Visual Tour #D1244922 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,246 +2.5%$573,485 -12.6%
    2024$13,901 +33%$655,940 +61.1%
    2023$10,455 +15.6%$407,288 +10%
    2022$9,042 +12.9%$370,262 +10%
    2021$8,007 +4.2%$336,602 +5.3%
    2020$7,688 +10.4%$319,558 +10%
    2019$6,961 +10.6%$290,508 +9.9%
    2018$6,295 $264,237 +65.5%
    2017$6,295 +42.9%$159,681 +10%
    2016$4,404 +19.2%$145,165 +10%
    2015$3,694 +194.4%$131,969 +72%
    2014$1,255 +4.5%$76,723 +5.9%
    2013$1,201 $72,457 -5.8%
    2012$1,201 -9.3%$76,904 -15.1%
    2011$1,324 -7.7%$90,563 -9.2%
    2010$1,434 -37.6%$99,723 -28.6%
    2009$2,299 -15.7%$139,623 +90.5%
    2007$2,725 +21.5%$73,299
    2006$2,242 --
    2005$2,242 +23.3%--
    2004$1,819 -6.2%--
    2003$1,939 +29.7%--
    2002$1,494 -35%--
    2001$2,299 --
    Find assessor info on the county website

    Neighborhood: Little Haiti

    Nearby schools

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    Estimated market value
    $842,400
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    Estimated market value
    $842,400

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