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37
Map
$1,100,000
●
Multifamily -
For Sale
7 NE 50th St
Miami, FL 33137
Studio
0 Bath
1300 Sqft
$6,120
Estimated Monthly
$0
HOA / Fees
1.13%
Cap Rate
About This Property
Bohemian Bungalow with a Pool:
7 NE 50 ST: Enjoy the Florida sunshine poolside at this income-producing gem. This fully remodeled 4-bedroom, 2-bathroom property offers 1,317 sq.ft. of living space on a 4,040 sq.ft. lot. Originally designed as a legal duplex, it's currently used as a comfortable single-family home. Zoned T4-L, it generates a net operating income of $77,855.00, making it a smart investment.
7 NE 50 ST: Enjoy the Florida sunshine poolside at this income-producing gem. This fully remodeled 4-bedroom, 2-bathroom property offers 1,317 sq.ft. of living space on a 4,040 sq.ft. lot. Originally designed as a legal duplex, it's currently used as a comfortable single-family home. Zoned T4-L, it generates a net operating income of $77,855.00, making it a smart investment.
Unit Size
1,300Ft²
Days on Market
49 days
Land Size
-
Price per sqft
$846
Property Type
Multifamily
Property Taxes
$718
HOA Dues
-
Year Built
1951
Listed By
Last updated: 2 months ago (Miami MLS #A11555459)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | Listed by Fausto Commercial Realty Consultants Inc | $1,100,000 | |
| Listed by Fausto Commercial Realty Consultants Inc | |||
Property Highlights
Air Conditioning
Interior Details
Interior Information
Flooring Type: Ceramic Floor
Exterior Details
Property Information
Square Footage: 1300
Architectural Style: Attached
Year Built: 1951
Building Information
Building Name: BELLAIRE SUB
Building Area Total: 1350
Building Area Units: Square Feet
Building Area Total: 1350
Roof Features: Other
Pool Information
Pool Features: In Ground
Lot Information
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: BELLAIRE SUB PB 6-24 LOT 25 LESS W10FT FOR ST BLK 1 LOT SIZE 40.000 X 101 OR 18715-3179 0799 1 COC 23983-0598 11 2005 1
Tax Annual Amount: $8,619
Tax Year: 2023
Parcel Number: 01-31-24-015-0240
Property is Zoned: 3901
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
No Home Owners Association
7 NE 50th St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
1,600 ft²
$531/ft²
$850,000
Apr 27, 2023
$850,000
Nov 10, 2023
$826/mo
Multifamily
Stu
-
1,600 ft²
$578/ft²
$925,000
Oct 29, 2023
$925,000
Dec 8, 2023
$407/mo
Multifamily
Stu
-
1,683 ft²
$547/ft²
$920,000
Oct 20, 2023
$920,000
Nov 22, 2023
$760/mo
Multifamily
Stu
-
1,800 ft²
$583/ft²
$1,050,000
Jul 12, 2023
$1,050,000
Nov 29, 2023
$814/mo
Multifamily
Stu
-
2,224 ft²
$450/ft²
$1,000,000
Aug 17, 2023
$1,000,000
Sep 25, 2023
$831/mo
House
4
Beds
2
Baths
1,474 ft²
$650/ft²
$958,000
Aug 1, 2023
$958,000
Nov 8, 2023
$58/mo
Active
Multifamily
Stu
-
1,458 ft²
$686/ft²
$999,900
Nov 4, 2023
-
$451/mo
Active
Multifamily
Stu
-
1,620 ft²
$741/ft²
$1,200,000
Sep 28, 2021
-
$628/mo
Active
Multifamily
Stu
-
1,840 ft²
$497/ft²
$915,000
Jun 22, 2023
-
$738/mo
Active
Multifamily
Stu
-
2,420 ft²
$475/ft²
$1,150,000
Feb 6, 2024
-
$782/mo
Active
House
2
Beds
2
Baths
1,259 ft²
$894/ft²
$1,125,000
Mar 3, 2024
-
$863/mo
Active
House
3
Beds
2
Baths
1,241 ft²
$951/ft²
$1,180,000
Mar 18, 2024
-
$1,037/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
7 Northeast 50th Street
7 Northeast 50th Street, Miami, FL 33137
- 1 Unit for Sale
About Northern Miami
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Nearby Rentals
Listed by: Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11555459
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Fausto Commercial Realty Consultants Inc
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11555459
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
