FAIRHAVEN GARDENS

1601 NW 50th Street, Miami FL 33142

2,033 ft²

Closed

$530,000

7.02%

Est. Payment $2,821/mo

MLS Sheet Video

2,033

Sq. Ft.

1924

Year Built

Stories

181

Days on Market

Description

Legal duplex located in heart of Miami!! Located close to popular Wynwood are, metro and I-95. Unit 1 is a 3 bedroom plus den and 2 bathrooms with large bedrooms, living room and separate dining area. Unit 2 is a 2 bedrooms and 1 bath. Tenants pay for water. Two electric meters, permitted roof was replaced in 2017. Renovated bathrooms and kitchen in both units. Tile floors, CBS structure and central air in both units. Great tenants, always pay on time. Gross rent per month $3,150, annually $37,800. Unit 1 pays $1,800. Unit 2 is at $1,350. Hurry, will not last!

Facts

MLS#: F10368369
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.: $261/ft²
Price per sq. mt.: $2,804/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 181 days
Listed: Feb 16, 2023
Last Updated: May 23, 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

July 2026

100/100

Buyers marketSellers market

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).

5/23/2026	Sold	$530,000
4/12/2023	Price change	$530,000-7.0%
2/16/2023	Listed for sale	$570,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$3,413/mo

Principal & Interest

$2,821

Property Tax

$442

Insurance

$150

HOA

Down Payment20% ($106,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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