1601 50th St ,Detached, Duplex, Fairhaven Gardens for Sale

1601 50th St for Sale

Price $729,900.00

• Lot size 2269
• Year Build 1924
• Waterfront
• Zip 33142
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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!

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

Less Than 1/4 Acre Lot

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!

City:Miami,Zoning:0104,Cooling:1:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.8209607,Cooling Y N:1,Heating Y N:1,List Price:729900,Listing Id:A12106274,Longitude:-80.2236162,Mls Status:Active,Year Built:1924,Directions:GPS,Living Area:2033,Postal Code:33142,Street Name:50th St,Coordinates:1:25.8209607,Photos Count:34,Building Name:FAIRHAVEN GARDENS,Days On Market:1,Listing Terms:1:Exchange,2:FHA,3:FHA-Va Approved,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Fairhaven Gardens,On Market Date:2026-10-13,Parcel Number:01-31-23-014-0371,Parking Total:4,Property Type:Residential Income,Stories Total:2,Street Number:1601,M I A M I R E_ Style:Duplex,Public Remarks: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!,County Or Parish:Miami-Dade County,Expiration Date:2027-03-13,List Office Name:Related General Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4162,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:FAIRHAVEN GARDENS,Tax Annual Amount:7935,Unparsed Address:1601 NW 50th St, Miami FL 33142,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2269,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:359.0261,Original List Price:729900,Public Survey Range:31,Documents Available:1:Other Available Information,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 Contract Date:2026-10-13,Originating System I D:miamire,Public Survey Section:23,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Showing Assist,Street Number Numeric:1601,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,M I A M I R E_ Current Price:729900,Public Survey Township:31,Construction Materials:1:CBS Construction,2:Elevated Construction,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1400,M I A M I R E_ Internet Remarks:Invest in this income-producing duplex! Live in one unit and rent the other for extra income. Interior layout modifications,M I A M I R E_ Parcel Number M L X:0371,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.821001$-80.223593$62.15$13.33$1.00$rEwhJtThsRDBZFsKayB9AQ,Contract Status Change Date:2026-10-13,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,M I A M I R E_ Subdivision Number:14,M I A M I R E_ Agent Alternate Phone:813-485-3612,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1601 NW 50th St,M I A M I R E_ Multiple Offers Accepted Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:359.03,Internet Automated Valuation Display Y N:1,