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How this price compares
- List price
- $729,900
- Price per sq ft
- $359
- Original price
- Unchanged
- Days on market
- 1
This multi-family property in Fairhaven Gardens is listed at $729,900, or $359 per square foot. It has been on the market for 1 day.
Estimated monthly payment
$3,836 /mo
Principal and interest only, based on $145,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $729,900
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,033 sqft
- Total Sq Ft
- 2,269 sqft
- Year Built
- 1924
- Property Type
- Multi-Family
- MLS #
- A12106274
- Property Tax
- $7,935 (2025)
- Subdivision
- FAIRHAVEN GARDENS
- County
- Miami Dade
- Status
- Active
About This Property
INCOME-PRODUCING DUPLEX! Excellent investment opportunity in Miami! This renovated two-story property offers 2,269 Sq Ft of living area on a 5,600 Sq Ft lot. Renovated in 2025, featuring a 2025 roof, PVC plumbing, and separate electric meters for each unit. Unit 1 offers 3 bedrooms, 2 bathrooms, and an office; Unit 2 features 2 bedrooms and 1 bathroom. Both units include their own laundry areas. Four parking spaces. Currently generating $5,000 in monthly rental income ($60,000 annually), with month-to-month rental agreements. Tenants pay utilities, helping minimize operating expenses. An excellent opportunity for investors seeking immediate rental income and long-term investment potential!
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1924
- Property Condition
- Resale
- Number of Stories
- 2
- Living Sq Ft
- 2,033
- Total Sq Ft
- 2,269
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0104
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central / Electric / Separate Meters
- Flooring
- Laminate
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Patio
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Exchange1031 / FHA / Va Loan
- MLS Area
- 2310
Schools
- Elementary School
- Kelsey L. Pharr
- Middle School
- Georgia Jones-Ayers
- High School
- Miami Northwestern
About the Community
Fairhaven Gardens is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $349,000 to $515,000. Homes were built between 1924 and 1965. Pure Equity lists homes in Fairhaven Gardens and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $699,000
- Median $/Sq Ft
- $378
- Avg Days on Market
- 81
Frequently Asked Questions
- How do I schedule a tour of 1601 NW 50th Street, Miami, FL 33142?
- Use the Tour button on this listing to request a showing of 1601 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 1601 NW 50th Street, Miami, FL 33142 still available?
- 1601 NW 50th Street, Miami, FL 33142 is currently listed as Active, and has been on the market 1 day. 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 1601 NW 50th Street, Miami, FL 33142?
- With 20% down ($145,980) on the $729,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1601 NW 50th Street, Miami, FL 33142 is about $3,836/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 1601 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 1601 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 1601 NW 50th Street, Miami, FL 33142?
- 1601 NW 50th Street, Miami, FL 33142 is zoned for Kelsey L. Pharr (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 1601 NW 50th Street, Miami, FL 33142?
- Often, yes. The right offer on 1601 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 Related General 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 October 14, 2026.
$729,900
Interested in This Property?
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Listed by Ydalia Josefina Rodriguez, Related General Realty, LLC.
Map & Location
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Recent Sales
Recently sold homes in Fairhaven Gardens
These are the last 5 recorded closings in Fairhaven Gardens, with the price each home actually sold for rather than what it was listed at. They closed at a median of $271 per square foot. The most recent closed on June 12, 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$480,000
Sold · June 12, 2026
1521 NW 51st Street
3 bed · 2 bath · 1,053 sqft · $456/sqft
$5,000 over the asking price
Sold$520,000
Sold · January 23, 2026
5020 NW 14th Avenue
0 bed · 0 bath · 1,500 sqft · $347/sqft
$30,000 under the asking price
Sold$325,000
Sold · January 9, 2026
1444 NW 51st Terrace
4 bed · 1 bath · 1,917 sqft · $170/sqft
Sold$310,000
Sold · September 26, 2025
1612 NW 51st Terrace
4 bed · 1 bath · 1,195 sqft · $259/sqft
$15,000 under the asking price
Sold$285,000
Sold · September 3, 2025
1521 NW 51st Street
3 bed · 2 bath · 1,053 sqft · $271/sqft
See every recorded sale in Fairhaven Gardens or find out what your Fairhaven Gardens home is worth.







