Multifamily in Miami, FL 33127
Railway Shops, 261 NW 50th St

1,445
SqFt
Status
Sold - Dec 13, 2023
Size
1,445 SqFt (134 m2)
Price
$553/SqFt ($5,952/m2)
Type
Multifamily
Built
1958
MLS Number
A11478216
On Site
1050 Days
Updated
18 Days ago
Page Views
0
Near Miami's coveted Design District, this property is an investor's dream with a high cap rate! The main house has 2 bed, 1.5 baths with hardwood floors and a private yard. Additionally, there are two spacious renovated studios, one with a private backyard. All units are currently leased and studios share a coin laundry. Tenants pay all utilities. Ample parking, including a garage. Don't miss this opportunity to start collecting rents in a prime location near the airport and beaches.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence,Porch,Patio
      Interior, Heating and Cooling
      • Heating Description: Central,WallFurnace
      • Cooling Description: CentralAir, WallWindowUnits
      Building and Construction
      • Floor Description: Hardwood,Tile,Wood
      • Year Built: 1958
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-10-31T01:15:11.000-00:00
        Taxes, Fees & More
        • Taxes: 9042

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        Price History

        Current
        $799K
        High
        $799K
        Low
        $799K
        Total Change
        0%
        $807K$799K$791KOct 23Dec 23
        Date
        Event
        Price
        Change
        Price Per
        12/13/2023
        Sold
        $799K
        0%
        $553 ft2
        $5,952 m2
        10/30/2023
        Listed
        $799K
         
        $553 ft2
        $5,952 m2
        12/13/2023
        $799K
        Event
        Sold
        Change
        0%
        Price Per
        $553 ft2
        $5,952 m2
        10/30/2023
        $799K
        Event
        Listed
        Price Per
        $553 ft2
        $5,952 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Dija Phaire • Compass Florida, LLC • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        73

        100
        Transit Score®
        Some Transit. A few nearby public transportation options
        48

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        65

        100
        Sound Score®
        Very loud
        72

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        36

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        2 – 5 BR
        Bedrooms
        $590K – $3.2M
        Price Tier
        804 - 6,000
        SqFt Range
        1949
        Year Build
        1
        Total Floors

        Miami
        Mid-Tier
        Mid-Tier Homes & Condos