Palm Park Amd

1236 NW 51st Terrace, Miami FL 33142

2 beds · 2 baths · 1,196 ft²

Closed

$2,500

9.09%

Est. Payment $13/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,196

Sq. Ft.

1948

Year Built

Days on Market

Description

Charming and spacious 2/2 with flex rooms to make a third bedroom and office. This property has lush and beautiful landscaping, brand new impact windows (easier to cool and heat the home), and newly installed high efficient mini split a/c units (lower utility bill and carbon foot print). There are updated appliances including stainless steel range and refrigerator with new Samsung washer, and dryer on site. The living room has updated recessed lighting and flooring while the rest of the home has original wood flooring. The lease comes with one year of free Wi-Fi and lawn maintenance is included. There are large storage spaces adjacent to both bedrooms. Just a short drive to Wynwood, Midtown, and the Design District!

Facts

MLS#: F10483699
Subdivision: Palm Park Amd
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1948
Lot Size: 5,150 ft²
Sq. Ft.: 1,196 ft²
Sq. Mt.: 111 m²
Price per sq. ft.: $2/ft²
Price per sq. mt.: $23/m²
Stories: —
Garage: —
Pool: —
Days on Market: 50 days
Listed: Jan 29, 2025
Last Updated: May 19, 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

June 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).

5/19/2026	Sold	$2,500
3/7/2025	Price change	$2,500-9.1%
1/29/2025	Listed for sale	$2,750

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

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$8,333

gross income / month to qualify

Monthly rent$2,500

Required annual income$100,000

Security deposit (est.)$2,500

Move-in cost (1st + last + security)$7,500

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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