Closed

Railway Shops, 220 NW 51st St, Miami, FL 33127

750,000(-13.33% )
1,458SqFt

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Details

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Status:
Sold - Jul 31, 2024
Size: 1,458 SqFt (135 m2)
Price: $446/SqFt ($4,799/m2)
Type: Multi Family
Built: 1965
MLS Number: F10408392
On Site: 645 Days
Updated: 376 Days ago
Page Views: 0
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!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, FruitTrees, Other
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, CeilingFans, Electric, Other
      Building and Construction
      • Floor Description: Tile
      • Year Built: 1965
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-11-06T14:20:43.000-00:00
        Taxes, Fees & More
        • Taxes: 5414
        • Total Units in Building: 1

        Price History

        07/31/2024

        Date

        Sold

        Event

        $650K

        Price

        -13.33%

        Change Rate

        $446 ft2 / $4,799 m2

        Price Per

        06/21/2024

        Date

        Price Reduced

        Event

        $750K

        Price

        -14.29%

        Change Rate

        $514 ft2 / $5,537 m2

        Price Per

        06/02/2024

        Date

        Price Reduced

        Event

        $875K

        Price

        -12.49%

        Change Rate

        $600 ft2 / $6,460 m2

        Price Per

        11/06/2023

        Date

        Listed

        Event

        $999.9K

        Price

        $686 ft2 / $7,382 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Wilner PaulACM Real Estate • Buyer Agency Compensation .

        Instant Comps

        $100/ft²
        $300/ft²
        $500/ft²
        $800/ft²

        Unit 220 NW 51st St – Asking

        $446/ft²

        (-9%) from Closed Avg. $/ft²

        Closed Avg. $/ft²

        $492/ft²
        Community $/Price Range (Closed) $284/ft² – $640/ft²
        UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
        # 22/41,521$404SouthGarden$615,0001/11/2024
        # 22/41,639$580NorthOther$950,00012/11/2023
        Unit: # 2
        Bed/Bath: 2/4Size SqFt: 1,521$/SqFt: $404Exposure: SouthView: GardenSold: $615,000Closed Date: 1/11/2024
        Unit: # 2
        Bed/Bath: 2/4Size SqFt: 1,639$/SqFt: $580Exposure: NorthView: OtherSold: $950,000Closed Date: 12/11/2023
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