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Fairhaven Gardens

$729,900

1601 NW 50th St, Miami, FL 33142

Active
Last Updated: 10/14/2026

2,269 sqft

Building Size

2

Units

Details:
Building Size:    2,269 sqft
Units:    2
Year Built:    1924
Floors:    2
Parking Spots:    4
Gross Leaseable Area:    2,033
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S), Other Available Information
  • Architectural Style: Detached
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Construction Materials: Concrete Block Construction, CBS Construction, Elevated Construction
Description:

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!

Map:
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