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$875,000   Price Analysis
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220 NW 51st St
Miami, FL 33127
2 bed 1 bath 1,458 SqFt ($600/SqFt)
Built 1965
Listed 2023-11-06, Taxes $5,413
Ⓧ USDA Ineligible
due to price & location

near Miami

Huge price reduction for fast sale!

Come snap this updated and recently painted duplex in a highly sought after part of the city of Miami. Great income potential for a sound investment. Ideal for short-term rental like Airbnb. In good condition with new r oof (about 3 months old), tiles, newer kitchen cabinets, central air conditioning in both units. Spacious backyard with multiple tropical fruit trees like mango, avocado, bread fruit, tc. The leased unit is on a month-to-month rent basis, which is perfect for possible rent increase!

Seller requires a lease-back agreement of one of the units for about a month after closing! No showing without an appointment! No trespassing or door knocking, please! Violators will be reported to the appropriate board!


Presented by Wilner Paul at
Acm Real Estate.


Property MLS #F10408392 from BeachesMLSMatrix

Bedrooms: 2

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Ceiling Fans, Central Cooling, Electric Cooling
Heating Features: Central Heat, Electric Heat

Fence
Fruit Trees

Lot Description: Less Than 1/4 Acre Lot

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 2
Bedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1
Unit-1 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 1500.00

Rent Includes: Lawn Care, Sewer, Trash Removal, Water

Annual Tax Amount: 5414
Source Listing Status: Active
County: Miami-Dade County
Directions: I-95 to NW 62nd Street, East on NW 62nd Street to NW 2nd Ave, Sought (right) on NW 2nd Ave to NW 51st Street. Then, West (right) on NW 51st Street to the property on your left!
Tax Year: 2022
Source Property Type: Residential Income
Area: 31
Source Neighborhood: Railway Shops Add
Parcel Number: 01-31-24-013-4561
Postal Code Plus 4: Post
Subdivision: Railway Shops Add
Zoning: 5700
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$121,800
$5,413
2021$unknown + $unknown
$113,222
$5,046
2020$unknown + $unknown
$105,952
$4,547
2019$unknown + $unknown
$98,966
$4,292
2018$unknown + $unknown
$92,701
$2,118
2017$unknown + $unknown
$127,328
$1,999
2016$unknown + $unknown
$81,541
$1,816
2015$unknown + $unknown
$77,116
$1,697
2014$unknown + $unknown
$73,038
$1,567
2013$unknown + $unknown
$69,067
$1,478
2012$unknown + $unknown
$79,652
$1,629
2011$unknown + $unknown
$107,941
$2,278
2010$unknown + $unknown
$119,878
$2,657
2009$unknown + $unknown
$157,275
$3,396
2008$unknown + $unknown
$168,710
$3,612
2007$unknown + $unknown
$163,971
$3,728

Price Changed 2024-06-02
$875,000
BeachesMLSMatrix
Listed 2023-11-06
$999,900
BeachesMLSMatrix
Sold 2003-06-23
$126,500
Public Record
Sold 1988-12-08
$185,000
Public Record
Sold 1988-12-01
$60,000
Public Record
Sold 1988-11-01
$185,000
Public Record

Total Square Feet Living: 1458
Year Built: 1965
Construction Materials: Concrete Block Construction, Other Construction
Property Age: 59
Roof: Comp Shingle Roof
Building Total Stories: 1.0
Structure Type: Duplex
Year Built Details: Resale

Sewer: Municipal Sewer
Cable Satellite: Yes

Shadowlawn Elementary School is a public elementary school located approximately 0.1 miles away.
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Miami Edison Senior High School is a public high school located approximately 0.7 miles away.
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Jose De Diego Middle School is a public middle school located approximately 1.1 miles away.
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World Mission Of Jesus Christ Christian is a private elementary and middle school located approximately 0.4 miles away.
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Click Thumbnail Images To View Full Size
house_viewunknownunknownlaundry_roomliving_room
kitchenkitchenbathroombathroombedroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.