$700,000
1221 NW 50th Street
PALM PARK AMD
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $700,000
- Price per sq ft
- $284
- Original price
- Unchanged
- Days on market
- 26
This multi-family property in ZIP 33142 went under contract with an asking price of $700,000, or $284 per square foot. It spent 26 days on the market before going under contract.
Estimated monthly payment
$3,679 /mo
Principal and interest only, based on $140,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $700,000
- Days on Site
- 26 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,466 sqft
- Total Sq Ft
- 2,652 sqft
- Year Built
- 1955
- Property Type
- Multi-Family
- MLS #
- A12073585
- Property Tax
- $10,193 (2025)
- Subdivision
- PALM PARK AMD
- County
- Miami Dade
- Status
- Under Contract
About This Property
Excellent investment opportunity in Miami! Duplex on an approximately 7,277 square foot lot with a versatile layout, multiple private entrances, and front and rear parking. Each side offers a two-bedroom, one-bathroom layout plus an additional one-bedroom, one-bathroom living area with private access. Mostly in original condition, making it ideal for an investor looking to renovate, reposition the property, and maximize future rental income. Rented portions are month-to-month. Buyer and buyer’s agent to verify configuration, permitted use, zoning, square footage, and rental information.Roof 2023 water heater 2023
General Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 1955
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 2,466
- Total Sq Ft
- 2,652
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Zoning
- 0104
Interior Features
- Cooling
- Ceiling Fans / Zoned
- Heating
- None / Separate Meters
- Flooring
- Ceramic Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Other
- Lot Features
- Interior Lot / Rectangular Lot
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
Schools
- Elementary School
- Lenora Braynon Smith
- Middle School
- Georgia Jones-Ayers
- High School
- Miami Northwestern
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,439
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $508
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 1221 NW 50th Street, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 1221 NW 50th Street, Miami, FL 33142. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1221 NW 50th Street, Miami, FL 33142 still available?
- 1221 NW 50th Street, Miami, FL 33142 is currently listed as Under Contract, and has been on the market 26 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1221 NW 50th Street, Miami, FL 33142?
- With 20% down ($140,000) on the $700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1221 NW 50th Street, Miami, FL 33142 is about $3,679/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1221 NW 50th Street, Miami, FL 33142?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1221 NW 50th Street, Miami, FL 33142. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1221 NW 50th Street, Miami, FL 33142?
- 1221 NW 50th Street, Miami, FL 33142 is zoned for Lenora Braynon Smith (elementary), Georgia Jones-Ayers (middle), Miami Northwestern (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1221 NW 50th Street, Miami, FL 33142?
- Often, yes. The right offer on 1221 NW 50th Street, Miami, FL 33142 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of EXP Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$700,000
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Listed by Gustavo Enrique Landaeta Leal, EXP Realty LLC
Map & Location
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Recent Sales
Recently sold homes in ZIP 33142
These are the last 6 recorded closings in ZIP 33142, with the price each home actually sold for rather than what it was listed at. They closed at a median of $374 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$557,500
Sold · October 13, 2026
1519 NW 40th Street
0 bed · 0 bath · 1,959 sqft · $285/sqft
$7,500 under the asking price
Sold$280,000
Sold · October 9, 2026
2052 NW 27th Street
0 bed · 0 bath
$19,000 under the asking price
Sold$490,000
Sold · October 9, 2026
2501 NW 55th Terrace
3 bed · 2 bath · 1,320 sqft · $371/sqft
$15,000 under the asking price
Sold$400,000
Sold · October 7, 2026
3062 NW 60th Street
3 bed · 2 bath · 864 sqft · $463/sqft
Sold$542,700
Sold · October 1, 2026
1613-1615 NW 45th Street
0 bed · 0 bath · 1,452 sqft · $374/sqft
$6,300 under the asking price
Sold$370,000
Sold · September 29, 2026
2335 NW 55th Street
3 bed · 1 bath · 904 sqft · $409/sqft
$24,900 under the asking price
See every recorded sale in ZIP 33142 or find out what your ZIP 33142 home is worth.
