Closed

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

$799,000Price
1,445SqFt

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Details

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Status:
Sold - Dec 13, 2023
Size: 1,445 SqFt (134 m2)
Price: $553/SqFt ($5,952/m2)
Type: Multi Family
Built: 1958
MLS Number: A11478216
On Site: 639 Days
Updated: 586 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: 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

        Price History

        12/13/2023

        Date

        Sold

        Event

        $799K

        Price

        0%

        Change Rate

        $553 ft2 / $5,952 m2

        Price Per

        10/30/2023

        Date

        Listed

        Event

        $799K

        Price

        $553 ft2 / $5,952 m2

        Price Per

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

        Listed by Dija PhaireCompass Florida, LLC • Buyer Agency Compensation .

        Instant Comps

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

        Unit 261 NW 50th St – Asking

        $553/ft²

        (0%) from Closed Avg. $/ft²

        Closed Avg. $/ft²

        $553/ft²
        Community $/Price Range (Closed) $284/ft² – $640/ft²
        UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
        # 22/31,445$553WestNone, Garden$799,00012/11/2023
        Unit: # 2
        Bed/Bath: 2/3Size SqFt: 1,445$/SqFt: $553Exposure: WestView: None, GardenSold: $799,000Closed Date: 12/11/2023
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