7 NE 50th St, Miami, FL 33137
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7 NE 50th St, Miami, FL 33137
7 NE 50th St, Miami, FL 33137
7 NE 50th St, Miami, FL 33137
7 NE 50th St, Miami, FL 33137
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 975,000
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Pending

7 NE 50th St Miami, FL 33137

1,300 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $750

Subdivision Bellaire Sub

MLS Listing ID A11961459

HOA Y/N No

Year Built 1951

Annual Tax Amount $9,129

Tax Year 2025

Contingent Other

Property Sub-Type Duplex

Property Description

This fully remodeled 4-bedroom, 2-bathroom property is a stabilized, income-producing asset positioned at the intersection of Miami's most desirable growth corridors. Located just minutes from the Miami Design District and the Biscayne Boulevard commercial artery, the property benefits from high-density foot traffic and proximity to luxury retail and global dining. This strategic location ensures consistent year-round demand, as evidenced by its established performance as a high-yield Airbnb operation.
The property generates a proven Net Operating Income (NOI) of $77,855.00 through short-term rental stays. Unlike many residential areas in Miami with restrictive rental policies, this asset is situated in a T4-L (Urban General - Limited) zone, where "lodging" uses are permitted by right. For an investor, this provides a secure regulatory environment for continued short-term rental operations while maintaining the flexibility of its legal duplex status. The turnkey condition and poolside amenities make this a rare "day-one" income play in a supply-constrained urban market.

Location

State FL

County Miami-dade

Community Bellaire Sub

Area 31

Interior

Heating Central

Cooling Central Air

Flooring Terrazzo

Exterior

Pool In Ground, Pool

Utilities Available Cable Available

Roof Type Shingle

Private Pool Yes

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 01-31-24-015-0240

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11961459

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc

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Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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7 NE 50th St

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