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261 NW 50th St, Miami, FL 33127
$799,000
261 NW 50th St, Miami, FL 33127View this property at 261 NW 50th St, Miami, FL 33127
261 NW 50th StMiamiFL33127
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Property 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.
Full Property Details
Full Property Details for 261 NW 50th St
General
- Sold For: $799,000
- Taxes: $9,042 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: A11478216
- Added to Site: 201 day(s) ago
Rental Information
- Rent Includes: None, Trash Collection
Interior
- Flooring: Tile, Wood
Exterior
- Deck/Patio: Open Porch, Patio
Parking
- Total Spaces: 2
Location
- Area: Railway Shops Addn 2nd Am
- County: Miami-Dade County
- Subdivision: RAILWAY SHOPS ADDN 2ND AM
- Building Name: RAILWAY SHOPS ADDN 2ND AM
Community
- Community Name: Railway Shops Addn 2nd Am
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Window/Wall
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 2202
- Square Feet: 1,445
- Living Area: 1,445 Sq. Ft.
- Year Built: 1958
- Property Condition: Substantially Remodeled
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Investment
- Zoning: 5700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $552.94
- Tax Amount: $9,042
- Tax Year: 2022
- Terms: All Cash, Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Deposit Held, Copy Of Lease(S)
- 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
- Property ID: 01-31-24-013-4621
Listed by Compass Florida, LLC
Sold by Compass Florida LLC
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Schools
Schools serving 261 NW 50th St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
149 Nw 49th St, Miami, FL 33127 | PK-5 | 0.1 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 24.5 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 1.1 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 0.7 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 19.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 261 NW 50th St
Date
Details
Price
Change
Source
12/13/2023
Sold
$799,000
—
MLS
10/31/2023
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
261 NW 50th St, Miami, FL 33127 (MLS# A11478216) is a Duplex property that was sold at $799,000 on December 13, 2023. Want to learn more about 261 NW 50th St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.