Prime investment opportunity in the heart of Miami’s highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The ex

111 NORTH EAST 50TH ST, Miami

$1,100,000 USD 4 2
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Address111 NORTH EAST 50TH ST, Miami
Building NameBELLAIRE SUB
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$1,100,000
Previous Price$1,300,000 (22 days ago)
Property StatusActive
MLS NumberA11960341
Bedrooms Number4
Full Bathrooms Number2
Living Area1704
Lot Size6150
Year Built1926
Folio Number01-31-24-015-0110
Zoning Information0104
Days on Market49

Detailed Description: Prime investment opportunity in the heart of Miami’s highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The existing structure presents an ideal opportunity for a teardown and new construction, allowing buyers to design and build a modern masterpiece tailored to today’s high-end market. Surrounded by multi-million-dollar homes and ongoing luxury development, this property sits in one of Miami’s fastest-growing and most desirable neighborhoods. Just minutes from world-class dining, luxury retail, art galleries, Wynwood, Midtown, and Miami Beach. A rare chance to secure a lot in a premier location with strong upside potential and long-term value. Ideal for investors, builders, or buyers with vision seeking to capitalize on the demand for luxury new construction in the Design District.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33137
Address111 NORTH EAST 50TH ST
Section24
Zip Code (4 Digits)2714
Financial Information
Price$1,100,000
Price per Foot$0
Previous Price$1,300,000
Folio Number01-31-24-015-0110
Tax Amount$1,410
Tax Year2026
Full Descriptions
Detailed DescriptionPrime investment opportunity in the heart of Miami’s highly sought-after Design District. Located at 111 NE 50th Street, this property offers exceptional redevelopment potential for investors or end users looking to create a custom luxury residence. The existing structure presents an ideal opportunity for a teardown and new construction, allowing buyers to design and build a modern masterpiece tailored to today’s high-end market. Surrounded by multi-million-dollar homes and ongoing luxury development, this property sits in one of Miami’s fastest-growing and most desirable neighborhoods. Just minutes from world-class dining, luxury retail, art galleries, Wynwood, Midtown, and Miami Beach. A rare chance to secure a lot in a premier location with strong upside potential and long-term value. Ideal for investors, builders, or buyers with vision seeking to capitalize on the demand for luxury new construction in the Design District.
How to ReachFrom NE 2nd Ave and NE 50th St, go east on NE 50th St one block. Property is on the north side at 111 NE 50th St. From I-95, exit at NW 54 St, go east, right on NE 2nd Ave, south to NE 50th St.
Property ViewNone
Design DescriptionDetached, Two Story
Roof DescriptionConcrete
Floor DescriptionCeramic Floor
Interior FeaturesFirst Floor Entry, Second Floor Entry, Storage, Utility Room / Laundry
Exterior FeaturesFruit Trees, Room For Pool
Equipment AppliancesGas Range, Refrigerator
Cooling DescriptionWall / Window Unit (s)
Heating DescriptionNone
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionCovered, Driveway
Property parameters
Bedrooms Number4
Full Baths Number2
Living Area1704
Lot Size6150
Zoning Information0104
Year Built1926
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameBELLAIRE SUB
Development NameBELLAIRE SUB
Construction TypeConcrete Block Construction
Street DirectionNorth East
Listed withNTD 1ST Class Realty Miami