261 50th St ,Detached, Duplex, Railway Shops Addn 2nd Am for Sale

261 50th St for Sale

Price $799,000.00

• Lot size 2202
• Year Build 1958
• Waterfront
• Zip 33127
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11478216 Please do not disturb tenants or walk the property without permission. Call listing agent for more details and instructions to see the interior.

PB 3-183 RAILWAY SHOPS ADD 2ND AMD LOT 15 & E3FT OF LOT 14 BLK 24 LOT SIZE 53.000 X 144 OR 18313-4183 0998 4 COC 22071-4602 02 2004 5

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:5700,Cooling:1:Wall/Window Unit(s),Heating:1:Window/Wall,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Flooring:1:Wood,Latitude:25.8216269,Cooling Y N:1,Heating Y N:1,List Price:799000,Listing Id:A11478216,Longitude:-80.201098,Mls Status:Active,Year Built:1958,Living Area:1445,Postal Code:33127,Street Name:50th St,Coordinates:1:25.8216269,Photos Count:33,Building Name:RAILWAY SHOPS ADDN 2ND AM,Days On Market:5,Listing Terms:1:Cash,Lot Size Units:Square Feet,M L S Area Major:Railway Shops Addn 2nd Am,On Market Date:2023-10-31,Parcel Number:01-31-24-013-4621,Parking Total:2,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:2,Street Number:261,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Compass Florida, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2150,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:RAILWAY SHOPS ADDN 2ND AM,Tax Annual Amount:9042,Unparsed Address:261 NW 50th St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2202,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:552.9412,Original List Price:799000,Public Survey Range:31,Documents Available:1:Copy Of Lease(S),I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2023-10-31,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:261,Tax Legal Description:PB 3-183 RAILWAY SHOPS ADD 2ND AMD LOT 15 & E3FT OF LOT 14 BLK 24 LOT SIZE 53.000 X 144 OR 18313-4183 0998 4 COC 22071-4602 02 2004 5,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Patio And Porch Features:1:Patio,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:1173,Contract Status Change Date:2023-10-31,Internet Address Display Y N:1,Number Of Units In Community:3,Dual Variable Compensation Y N:1,M I A M I R E_ Attribution Contact:305-989-4242,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:552.94,