Home » Miami » 7 NE 50th St, Miami, FL 33137 | A11731964

Fourplex (Quadruplex) For Sale 7 NE 50th St, Miami, FL 33137

$975,000

Property Highlights

Listing ID A11731964 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 1,300 Sqft/120.77 m2 approx. Building Area 1,350 Sqft/125.42 m2 approx. POOL Year Built 1951 Time of this property on Rebonus 9 Day(s)

7 NE 50th St, Miami, FL 33137

Property Description: This fully remodeled 4-bedroom, 2-bathroom property offers 1,317 sq.ft. of living space on a 4,040 sq.ft. lot. Originally designed as a legal duplex, it 's currently used as a single-family Airbnb to maximize its average daily rate generating a net operating income of $77,855.00. Zoned T4-L.

Useful Info

Original List Price:$975,000

Lease Details

Rent Includes:
  • Water
  • Pool

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Terrazzo
Stories:1

Property Features

Waterfront:No
Swimming Pool Features:
  • Pool
  • In Ground
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,817

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Financials
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:BELLAIRE SUB
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
StyleDuplex
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1103320249
Subdivision Number15

Zoning and Legal

Tax Legal Description:BELLAIRE SUB PB 6-24 LOT 25 LESS W10FT FOR ST BLK 1 LOT SIZE 40.000 X 101 OR 18715-3179 0799 1 COC 23983-0598 11 2005 1
Real Estate Folio Number (Parcel Number):01-31-24-015-0240
Zoning Description:3901
Public Survey Township:1
Public Survey Range:31
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:January 25, 2025 2:09 pm
On Market Date:January 25, 2025
Price Change Date Time:January 25, 2025 2:09 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 25, 2025 2:09 pm
Status Last Changed:January 25, 2025 2:09 pm
Photos Last Modified:January 25, 2025 7:32 pm
Last Modified:January 25, 2025 11:00 pm
Days on the Market Reference Date:January 25, 2025
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):277

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:37
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:31
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12025-N-0131240150240-R-N

Location

Show Property Address:Yes
Street Name:50th St
Street Number:7
Street Direction Prefix:NE
Street Address:7 NE 50th St
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade
Full Address:7 NE 50th St, Miami, FL 33137
Latitude:N25° 49' 17.7''
Longitude:W81° 48' 16.1''

Neighborhood

Postal City:Miami

Property Map