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$1,300,000
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Property Description
Prime investment opportunity in the heart of Miami's highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The existing structure presents an ideal opportunity for a teardown and new construction, allowing buyers to design and build a modern masterpiece tailored to today's high-end market. Surrounded by multi-million-dollar homes and ongoing luxury development, this property sits in one of Miami's fastest-growing and most desirable neighborhoods. Just minutes from world-class dining, luxury retail, art galleries, Wynwood, Midtown, and Miami Beach. A rare chance to secure a lot in a premier location with strong upside potential and long-term value. Ideal for investors, builders, or buyers with vision seeking to capitalize on the demand for luxury new construction in the Design District.
Full Property Details
Full Property Details for 111 NE 50th St
General
- Price: $1,300,000
- Taxes: $1,410 (2026)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11960341
- Updated: 2/5/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: First Floor Entry, Second Floor Entry, Storage, Utility Room/Laundry
- Appliances: Gas Range, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
Other Rooms
- Living Room: Guest House, Storage Room, Sq. Ft.
- Laundry: Utility Room/Laundry
Exterior
- Exterior Features: Fruit Trees, Room for Pool
- Deck/Patio: Open Porch
Parking
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered, Driveway
Location
- Area: Bellaire Sub
- County: Miami-Dade County
- Subdivision: BELLAIRE SUB
- Building Name: BELLAIRE SUB
- Driving Directions: From NE 2nd Ave & NE 50th St, go east on NE 50th St one block. Property is on the north side at 111 NE 50th St. From I-95, exit at NW 54 St, go east, right on NE 2nd Ave, south to NE 50th St.
- Direction Faces: South
Community
- Community Name: Bellaire Sub
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Building Size: 2486
- Square Feet: 1,704
- Living Area: 1,704 Sq. Ft.
- Year Built: 1926
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 6,150
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 104
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $762.91
- Tax Amount: $1,410
- Tax Year: 2026
- Terms: Cash
Disclosures and Reports
- Legal Description: BELLAIRE SUB PB 6-24 LOT 12 BLK 1 LOT SIZE 50.000 X 123 OR 16549-3208 0994 4
- Restrictions: No Restrictions
- Property ID: 01-31-24-015-0110
Listed by NTD 1ST Class Realty Miami
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Schools
Schools serving 111 NE 50th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Toussaint L'Ouverture Elementary 120 Northeast 59th Street, Miami, FL 33137 | PK-5 | 0.5 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.3 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 NE 50th St
Date
Details
Price
Change
Source
2/05/2026
Listed
$1,300,000
1299900%
MLS
12/03/2018
Sold
$100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 NE 50th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,388
—
$69,232
3%
2023
$1,389
—
$67,216
6%
2021
$1,385
1%
$63,394
-3%
2022
$1,376
-1%
$65,259
4%
2021
$1,385
1%
$62,519
2%
2019
$1,373
2%
$61,114
2%
2018
$1,351
—
$59,975
2%
2017
$1,351
-1%
$58,742
2%
2016
$1,361
-1%
$57,534
1%
2015
$1,370
-1%
$57,135
1%
2014
$1,380
1%
$56,682
1%
2013
$1,373
—
$55,845
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 NE 50th St
111 NE 50th St, Miami, FL 33137 (MLS# A11960341) is a Single Family property with 4 bedrooms and 2 full bathrooms. 111 NE 50th St is currently listed for $1,300,000 and was received on February 05, 2026. Want to learn more about 111 NE 50th St? Do you have questions about finding other Single Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

