Railway Shops Add

220 NW 51st Street, Miami FL 33127

1,458 ft²

Closed

$750,000

24.99%

Est. Payment $3,992/mo

MLS Sheet Video

1,458

Sq. Ft.

1965

Year Built

1

Stories

250

Days on Market

Description

Huge price reduction for fast sale! Come snap this updated and recently painted duplex in a highly sought after part of the city of Miami! Great income potential for a sound investment. Ideal for short-term rental like Airbnb. In good condition with new roof (about 3 months old), tiles, newer kitchen cabinets, central air conditioning in both units. Spacious backyard with multiple tropical fruit trees like mango, avocado, bread fruit, etc. The leased unit is on a month-to-month rent basis, which is perfect for possible rent increase!Seller requires a lease-back agreement of one of the units for about a month after closing! No showing without an appointment! No trespassing or door knocking, please! Violators will be reported to the appropriate board!

Facts

MLS#
F10408392
Subdivision
Railway Shops Add
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
1965
Lot Size
0 sqft
Sq. Ft.
1,458 ft²
Sq. Mt.
135 m²
Price per sq. ft.
$514/ft²
Price per sq. mt.
$5,556/m²
Stories
1
Garage
Pool
Days on Market
250 days
Listed
Nov 4, 2023
Last Updated
May 20, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

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

45

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).

5/20/2026Sold$750,000
6/21/2024Price change$750,000-25.0%
11/4/2023Listed for sale$999,900

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

Estimated Monthly Payment

$4,767/mo

Principal & Interest

$3,992

Property Tax

$625

Insurance

$150

HOA

$0

20% ($150,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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