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1601 Nw 50th St, Miami, FL 33142

$729,900
: 2,033
SqFt

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List Price: $729,900
MLS: A12106274
Complex Name: Fairhaven Gardens
Status: ACTIVE
Type: Multifamily
Living Area: 2,033

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Property 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!

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Additional Information

Days on Market: 1
Style: Duplex
#Parking Spaces: 4
Year Built: 1924
Development Name: Fairhaven Gardens
#Stories: 2
Construction Type: Concrete Block Construction, CBS Construction, Elevated Construction
Section: 23