Price reducedMLS® A12106274

$715,000

↓ Price reduced $14,900 on Oct 31, 2026

1601 NW 50th Street, Miami, FL 33142

Beds: —
Baths: 0
Sqft: 2,033

Est. payment$4,729/mo

Home type: Duplex
Year built: 1924
Lot size: —
Price / sqft: $352
HOA: $0/mo
Community: FAIRHAVEN GARDENS

Property description

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!

Listing activity

Days on market: 18
Listed: Oct 13, 2026
MLS listing updated: Oct 31, 2026
Feed last checked: 11 minutes ago

Listed by Ydalia Josefina Rodriguez · Related General 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: Laminate

Heating & cooling

Heating: Separate Meters, Central, Electric
Cooling: Central Air, Electric

Property

Exterior

Stories: 2
Building area: 2,269 sqft
Patio & porch: Patio
Pool: No
Waterfront property: No

Lot

Lot dimensions: 5600
Zoning: 0104

Construction

Type & style

Home type: Duplex
Structure type: Duplex
Year built: 1924
New construction: No

Materials

Construction: Block, CBS
Roof: Shingle
Property condition: Resale

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Cable Available

Community & HOA

Community

Subdivision: FAIRHAVEN GARDENS
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: A12106274
Possession: Close Of Escrow
Original list price: $729,900
Parcel number: 0131230140371
Annual property tax: $7,935
Tax year: 2025
Tax legal description: FAIRHAVEN GDNS PB 6-76 LOT 20 BLK 2 LOT SIZE 50.000 X 112 OR 20074-0831 11 2001 3 COC 25117-1791 11 2006 1

Additional MLS details

Reported by the listing source

Association: No
Bathrooms Total Decimal: 0
Bathrooms Total Integer: 0
Building Area Total: 2269
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 18
Elementary School: Kelsey L. Pharr
High School: Miami Northwestern
List Price: 715000
Listing Contract Date: 2026-10-13
Living Area: 2033
Lot Size Dimensions: 5600
MLSArea Major: 2310
Middle Or Junior School: Georgia Jones-Ayers
Mls Status: Active
On Market Date: 2026-10-13
Patio And Porch Features: Patio
Photos Count: 34
Postal Code: 33142
Price Change Timestamp: 2026-10-31T19:49:24Z
Property Sub Type: Duplex
Property Type: Residential Income
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-10-13T04:00:00Z
Stories Total: 2
Subdivision Name: FAIRHAVEN GARDENS
Water Source: Public
Tax Annual Amount: 7935
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
Oct 13, 2026	ListedMIAMI REALTORS® MLS	$729,900$359/sqft
Oct 31, 2026	Price reducedMIAMI REALTORS® MLS	$715,000$352/sqft

Public tax history

Year	Property taxes	Assessment
2025	$7,935	—

Payment calculator

Estimated monthly payment$4,729/moIllustrative estimate, not a loan offer.

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

Principal & interest: $3,710
Property taxes: $661
Insurance: $358
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

FAIRHAVEN GARDENS

Miami · Miami-Dade County · 33142

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Kelsey L. PharrElementary

—

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.

Nearby homes

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