FAIRHAVEN GARDENS
1601 NW 50th St, Miami FL 33142
2,033 ft²
$729,900
Est. Payment $3,885/mo
2,033
Sq. Ft.
1924
Year Built
2
Stories
1
Days on Market
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!
Facts
- MLS#
- A12106274
- Subdivision
- FAIRHAVEN GARDENS
- Property Type
- Residential Income
- Property Sub Type
- Duplex
- Year Built
- 1924
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,033 ft²
- Sq. Mt.
- 189 m²
- Price per sq. ft.
- $359/ft²
- Price per sq. mt.
- $3,862/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 1 day
- Listed
- Oct 13, 2026
- Last Updated
- Oct 14, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
October 2026
35
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 10/13/2026 | Listed for sale | $729,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$4,643/mo
Principal & Interest
$3,885
Property Tax
$608
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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 and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 2 hours ago
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