Active Under ContractMLS® A12073585

$700,000

1221 NW 50th Street, Miami, FL 33142

Beds: —
Baths: 0
Sqft: 2,466

Est. payment$4,832/mo

Home type: Duplex
Year built: 1955
Lot size: —
Price / sqft: $284
HOA: $0/mo
Community: PALM PARK AMD

Property description

Excellent investment opportunity in Miami! Duplex on an approximately 7,277 square foot lot with a versatile layout, multiple private entrances, and front and rear parking. Each side offers a two-bedroom, one-bathroom layout plus an additional one-bedroom, one-bathroom living area with private access. Mostly in original condition, making it ideal for an investor looking to renovate, reposition the property, and maximize future rental income. Rented portions are month-to-month. Buyer and buyer’s agent to verify configuration, permitted use, zoning, square footage, and rental information.Roof 2023 water heater 2023

Listing activity

Days on market: 26
Listed: Aug 19, 2026
MLS listing updated: Sep 25, 2026
Feed last checked: 3 minutes ago

Listed by Gustavo Enrique Landaeta Leal · EXP Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0
Bathrooms (decimal): 0

Rooms & features

Flooring: Ceramic Tile

Heating & cooling

Heating: Separate Meters, None
Cooling: Ceiling Fan(s), Zoned

Property

Exterior

Stories: 1
Building area: 2,652 sqft
Pool: No
Waterfront property: No

Lot

Lot dimensions: 7,277
Lot features: Interior Lot, Regular Lot
Zoning: 0104

Construction

Type & style

Home type: Duplex
Structure type: Duplex
Year built: 1955
New construction: No

Materials

Construction: CBS, Stucco
Roof: Other
Property condition: Resale

Utilities & green energy

Utilities

Sewer: Public Sewer
Utilities: Cable Available

Community & HOA

Community

Subdivision: PALM PARK AMD
MLS area: 2310

Association

Has association: No
Estimated monthly dues: $0

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33142

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12073585
Possession: Close Of Escrow, Negotiable
Original list price: $700,000
Parcel number: 0131230121380
Annual property tax: $10,193
Tax year: 2025
Tax legal description: 23 53 41 PALM PARK AMD PB 7-43 E1/2 LOT 23 & ALL LOT 24 BLK 9 LOT SIZE 69.300 X 105 OR 19358-4470 11 2000 1

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
Building Area Total: 2652
Construction Materials: CBS, Stucco
County Or Parish: Miami-Dade
Days On Market: 26
Elementary School: Lenora Braynon Smith
High School: Miami Northwestern
List Price: 700000
Listing Contract Date: 2026-08-19
Living Area: 2466
Lot Size Dimensions: 7,277
MLSArea Major: 2310
Middle Or Junior School: Georgia Jones-Ayers
Mls Status: Active Under Contract
On Market Date: 2026-08-19
Photos Count: 1
Postal Code: 33142
Property Sub Type: Duplex
Property Type: Residential Income
Standard Status: Active Under Contract
State Or Province: FL
Status Change Timestamp: 2026-09-25T15:28:51Z
Stories Total: 1
Subdivision Name: PALM PARK AMD
Tax Annual Amount: 10193
Pool Private: No
Waterfront: No

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 19, 2026	ListedMIAMI REALTORS® MLS	$700,000$284/sqft

Public tax history

Year	Property taxes	Assessment
2025	$10,193	—

Payment calculator

Estimated monthly payment$4,832/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $3,632
Property taxes: $849
Insurance: $350
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PALM PARK AMD

Miami · Miami-Dade County · 33142

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Lenora Braynon SmithElementary

—

Georgia Jones-AyersMiddle

—

Miami NorthwesternHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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