For Sale
$975,000

7 50Th St Miami, FL 33137

Prime Miami location, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Miami-Dade County investment property, located at 7 NE 50th St, offers a compelling opportunity for savvy investors. The 1951-built, single-story building boasts 1,317 square feet of living space situated on a generous 4,040 square foot lot. Originally designed as a legal duplex, the property is currently configured as a comfortable single-family home, presenting a flexible layout for future use. The property features four bedrooms and two bathrooms, providing ample space for residents. Its T4-L zoning allows for diverse potential uses and development options. The property's strong financial performance is highlighted by a net operating income of $77,855.00, making it an attractive addition to any investment portfolio. The asking price is $975,000. Enjoy the Florida sunshine by the pool at this income-generating gem in the heart of Miami, Florida, zip code 33137. This is a rare opportunity to acquire a well-maintained property with significant upside potential in a thriving market. The property's location in Miami offers easy access to major transportation routes, amenities, and attractions. Don't miss this chance to secure a valuable asset in one of Florida's most desirable cities.

Highlights

  • $975,000 Asking Price
  • Multifamily Apartment Building (Duplex/Triplex/Quadruplex)
  • 1951 Construction, 1 Story
  • 1,317 sq ft living space on a 4,040 sq ft lot in Miami, FL
  • $77,855 Net Operating Income (NOI)
  • Zoned T4-L

Property Details for 7 50Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1951
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8215772
Longitude
-80.1955386

FAQs

What type of property is this?
Apartment building - Prime Miami location, high ROI potential.
Where is the apartment building located?
The property is located at 7 50Th St Miami, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 Asking Price; Multifamily Apartment Building (Duplex/Triplex/Quadruplex); 1951 Construction, 1 Story
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7 50Th St
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