315 NW 50th St, Miami, FL 33127

$805,000 Asking Price

3 beds
3 baths
1,189  sqft
Built in 1924

THE LIVING AREA IS MORE THAN WHAT RECORDS SHOW, TOTALING 2,090 sqft. Ideally located east of I-95 and south of 54th Street, this is a prime investment opportunity in one of Miami’s most sought-after neighborhoods, minutes from Wynwood and the Design District. The property features a 2-bed, 2-bath main house with additional space that could be converted into a 3rd bedroom, plus a studio with one bathroom in the back for rental income or guests. Equipped with a brand new AC unit and hurricane impact windows throughout, this property has incredible potential for future development, including multi-family construction. A rare chance to own in an expanding area with amazing returns!

Features & Amenities

Interior

General:
First Floor Entry, Other
Appliances:
Dishwasher, Refrigerator, Washer
Flooring:
Ceramic Floor
A/C:
true, Central Air
Heating:
true, Other

Exterior

Style:
Detached, One Story

Construction

Roofing:
Shingle
General:
Other

Location

Originating MLS:
Miami Association of REALTORS®
County:
Miami-Dade County

Lot

Zoning:
5700, RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 23 BLK 23 LOT SIZE SITE VALUE OR 20560-4465 07 2002 5, 01-31-24-013-4450
View:
None
Fencing:
Fenced

Utilities

Water:
Municipal Water
Sewer:
Public Sewer

Financial

Source:
Miami Association of REALTORS®

This listing courtesy of:
Avanti Way Realty LLC, Ana Salazar

About Miami, FL

Housing

Number of Units
711,975
Median Home Value
$380,974
Median Rent
$1,338

49.94% of housing units are renter occupied.

8.26% are vacant.

Commute

Car
71.69%
Public Transportation
3.80%
Walk to Work
1.60%
Work from Home
21.37%
Other
1.11%

The median travel time to work is 29 minutes.

People

Population
1,830,481
Median Age
41.50
Median Household Size
2.91

Education

High School
24.77%
Associate’s Degree
8.99%
Bachelor’s Degree
21.60%
Graduate Degree
13.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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