1601 50th Street, Miami, FL 33142

Property Features

Map It

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!

▼ Price Reduced — originally listed at $729,900

Property Details

• Listing ID: A12106274
• Status: Active
• Listing Date: 2026-10-13
• Property Type: Duplex
• Subdivision: FAIRHAVEN GARDENS
• County: Miami-Dade
• MLS Area: 2310
• Bedrooms: 0
• Full Bathrooms: 0
• Living Area Sq Ft: 2,033
• Lot Dimensions: 5600
• Year Built: 1924

Financial

• List Price: $715,000
• Original List Price: $729,900
• HOA Fee: None
• Taxes: $7,935/yr

Features & Amenities

• Cooling: Central Air, Electric
• Heating: Central, Electric, Separate Meters
• Flooring: Laminate
• Construction: Block, CBS
• Roof: Shingle

Courtesy of Related General Realty, LLC.

© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.