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  • 2033 Sq Ft
  • Area Size
Active Residential Income
1601 NW 50th St, Miami FL 33142 | Miami-Dade County | A12106274
  • $729,900

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!

Property Overview

1601 NW 50th St is a two-story duplex in Miami, part of the Fairhaven Gardens building. The property was originally built in 1924 and underwent renovations in 2025, which included installing a new roof and PVC plumbing. Each of the two units has its own separate electric meter, and the building includes four parking spaces. The home consists of two distinct living areas. Unit 1 includes three bedrooms, two bathrooms, and an office space. Unit 2 features two bedrooms and one bathroom. Both units are equipped with their own laundry areas. The total living area is listed as 2,033 square feet in the title data, while the public description notes 2,269 square feet on a 5,600 square foot lot. This property is currently generating rental income, with the public description indicating $5,000 per month under month-to-month agreements. Tenants are responsible for their own utilities. For specific details regarding lease terms, financial records, or to schedule a viewing, please call 305-859-4733.

Frequently Asked Questions

What are the key physical and renovation details of this duplex?

This property is a two-story duplex located at 1601 NW 50th St in Miami, built in 1924. It features a 2025 renovation that includes a new roof and PVC plumbing. The listing notes 2,033 square feet of living area, and the property sits on a 5,600 square foot lot.

How are the two units configured?

Unit 1 includes three bedrooms, two bathrooms, and an office space. Unit 2 features two bedrooms and one bathroom. Both units have dedicated laundry areas, and the property provides four parking spaces.

What is the current rental income and lease structure?

The property currently generates $5,000 in monthly rental income, totaling $60,000 annually. The rental agreements are month-to-month, and tenants are responsible for their own utilities.

How are utilities managed for each unit?

Each unit has its own separate electric meter. Additionally, the tenants pay their own utilities, which helps minimize operating expenses for the owner.

What is the purchase price for this investment property?

The listing price for this duplex is $729,900.

What information should a buyer contact the brokerage about?

For any non-public details regarding the property, or to discuss the investment potential further, please call 305-859-4733.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Related General Realty, LLC..

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Address

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  • Address: 50th St
  • City: Miami
  • Zip/Postal Code: 33142

Details

Updated on October 14, 2026 at 4:55 am
  • Property ID A12106274
  • Price $729,900
  • Property Size 2033 Sq Ft
  • Year Built 1924
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2025
  • Building FAIRHAVEN GARDENS
  • Listing Terms All Cash, Exchange, FHA, FHA-Va Approved
  • Area Fairhaven Gardens
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Duplex
  • Private Pool No
  • Structure Type Duplex
  • Subdivision FAIRHAVEN GARDENS
  • Annual Tax 7935
  • Year Built Details Resale
  • Building Area 2269
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction Concrete Block Construction, CBS Construction, Elevated Construction
  • Patio / Porch Patio
  • Association Type None

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