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$349,000
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Property Description
Income-producing single-family property offered AS-IS and cash only. Tenant in place paying $1,900/month, with long-term occupancy since 2019 and consistent payment history. Active lease through April 30, providing immediate rental income with near-term flexibility for renewal or repositioning. Located in a high-demand rental area of Miami with strong land value and convenient access to major highways, Downtown Miami and Miami International Airport. Ideal opportunity for investors seeking a buy-and-hold or land value play.
Full Property Details
Full Property Details for 1544 NW 51st Terrace
General
- Price: $349,000
- Taxes: $4,990 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11955253
- Updated: 1/29/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: First Floor Entry, No Additional Rooms
- Appliances: Electric Water Heater, Electric Range, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Laundry: Washer/Dryer Hook-Up
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: On Street
Location
- Area: Fairhaven Gardens
- County: Miami-Dade County
- Subdivision: FAIRHAVEN GARDENS
- Building Name: FAIRHAVEN GARDENS
- Direction Faces: North
School Information
- Elementary School: Pharr; Kelsey L.
Community
- Community Name: Fairhaven Gardens
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, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Frame With Stucco
- Roof: Shingle
- Building Size: 1166
- Square Feet: 782
- Living Area: 782 Sq. Ft.
- Year Built: 1924
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 5,500
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 104
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $446.29
- Tax Amount: $4,990
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Legal Description: FAIRHAVEN GDNS PB 6-76 LOT 7 BLK 4 LOT SIZE 50.000 X 110 OR 13514-3411 1287 1
- Restrictions: No Restrictions
- Property ID: 01-31-23-014-0691
Listed by LoKation
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Schools
Schools serving 1544 NW 51st Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Kelsey L. Pharr Elementary School 2000 Northwest 46th Street, Miami, FL 33142 | PK-5 | 0.5 mi |
Georgia Jones Ayers Middle School 1331 Northwest 46th Street, Miami, FL 33142 | 6-8 | 0.4 mi |
Miami Northwestern Senior High School 1100 Northwest 71st Street, Miami, FL 33150 | 9-12 | 1.3 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 1544 NW 51st Terrace
Date
Details
Price
Change
Source
1/29/2026
Listed
$349,000
897.14%
MLS
4/27/2012
Sold
$35,000
—
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 1544 NW 51st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,999
3%
$230,579
3%
2023
$4,840
49%
$223,100
48%
2021
$3,239
-26%
$150,326
-23%
2022
$4,390
36%
$194,519
62%
2021
$3,239
24%
$119,930
14%
2019
$2,617
8%
$104,782
7%
2018
$2,434
61%
$98,060
35%
2017
$1,508
13%
$72,719
83%
2016
$1,339
8%
$39,701
10%
2015
$1,240
10%
$36,092
10%
2014
$1,124
3%
$32,811
5%
2013
$1,088
—
$31,242
—
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 1544 NW 51st Terrace
1544 NW 51st Ter, Miami, FL 33142 (MLS# A11955253) is a Single Family property with 2 bedrooms and 1 full bathroom. 1544 NW 51st Ter is currently listed for $349,000 and was received on January 29, 2026. Want to learn more about 1544 NW 51st Ter? 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.

