NOT LISTED FOR SALE

261 NW 50th St Unit 1 Miami, FL 33127

Little Haiti Neighborhood

Estimated Value: $730,000 - $888,000

3 Beds
1 Bath
1,445 Sq Ft
7,405 Sq Ft Lot

About This Home

As of October 2020

Charming updated oversized studio in the Buena Vista neighborhood near Design District. Private walkway and entrance with private backyard patio. On-site laundry is available right next to the unit. The property has a main house in the front and two stacked studios towards the back. The unit for rent is the lower studio in the back. Small pets are ok. Street parking.

Monthly rent is $1,050. Water $200/annual fee.

The unit will be delivered unfurnished.

Last Agent to Rent the Property

Dija Phaire

Compass Florida, LLC License #3317405 Listed on: 10/02/2020

Compass Florida, LLC

Last Renter's Agent

Dija Phaire

Compass Florida, LLC License #3317405 Listed on: 10/02/2020

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,901

Year Built

  • Built in 1958

Lot Details

  • 7,405

Home Design

  • 1,445 Sq Ft Home

Additional Features

  • 1 Full Bathroom
  • South Facing Home

Listing and Financial Details

  • Property Available on 10/1/20
  • Assessor Parcel Number 01-31-24-013-4621

Community Details

Overview

  • No Home Owners Association
  • Railway Shops Addn 2Nd Am Condos
  • Railway Shops Addn 2Nd Am Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,901

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1958
  • Property Sub Type: Efficiency
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Apartments-Annual, Efficiency
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Furnished: Unfurnished
  • Living Area: 1445

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-013-4621
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7632
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
157 South Llc
Bought by
Pelaez Mariela and Pelaez Luis
Current Estimated Value
$817,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Outstanding Balance
$589,303
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$228,098

Purchase Details

Closed on
Sep 28, 2017
Sold by
Kbm Holdings Llc
Bought by
157 South Llc

Purchase Details

Closed on
Nov 7, 2014
Sold by
Young Arlester
Bought by
Kbm Holdings Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Young John C
Bought by
Cohen Loretta
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pelaez Mariela $799,000 Gables Title
157 South Llc $380,000 Clear Title Group Llc
Kbm Holdings Llc $175,000 Rte Title Company
Cohen Loretta $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelaez Mariela $599,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Rented $1,050 0.0% --
10/12/2020 10/12/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $1,050 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,901 $674,688 $526,608 $148,080
2024 $10,455 $655,940 $480,743 $175,197
2023 $10,455 $407,288 $0 $0
2022 $9,042 $370,262 $0 $0
2021 $8,007 $336,602 $0 $0
2020 $7,688 $336,706 $198,604 $138,102
2019 $6,961 $290,508 $152,687 $137,821
2018 $6,295 $264,237 $125,026 $139,211
2017 $4,404 $159,681 $0 $0
2016 $4,000 $145,165 $0 $0
2015 $3,694 $131,969 $0 $0
2014 $1,255 $76,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dija Phaire

    Landlord's Agent in 2020

    Dija Phaire

    Compass Florida, LLC

    (305) 903-3111

    1 in this area

    24 Total Sales

    Dija Phaire
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10936134

MIAMI REALTORS® MLS

APN: 01-3124-013-4621

Florida Miami/Dade County Miami 33127 Little Haiti

261 NW 50th St Unit 1, Miami, FL

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