Search
Studio Apartment Building with Included Lots
For Sale
Contact for pricing
Pending

177 NE 50th St, Miami, FL 33137

23-studio apartment building built in 1926, fully rehabbed in 2013, with two contiguous lots included in the sale.

Property SizeContact for details
Days on Market142

Property Features for 177 NE 50th St

General Information

Standard status Pending
Property subtype Multifamily, Land

Additional Details

Multifamily Units 23

Building Details

Year Built 1926
Year Renovated 2013
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 29 at 6:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porosoff Group

Investment Insights

Based on property information with market context.

Design District Studios is a 23-unit apartment building featuring 23 studio residences. The property was constructed in 1926 and underwent a complete rehabilitation in 2013. The sale also includes two contiguous lots—approximately 6,380 square feet each—located at 160 NE 50 Terrace and 169 NE 50th St., which connect to the Design District Studios parcels.

The building is located in Miami’s Design District neighborhood, just off NE 2nd Avenue. Nearby amenities include multiple schools and public bus stops within a one-mile radius, along with nearby gas stations, grocery stores, and restaurants.

An assumable loan is available at 3.85% interest rate (loan amount stated as $2.4M).

Key Highlights

  • 23‑unit apartment building in Miami’s Design District at 177 NE 50th Street
  • Unit mix: 23 studios
  • Constructed in 1926 and fully rehabbed in 2013

Property Analytics

Current Use

Wynwood Photo Booth Photography Service

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store Butcher Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units

Location Intelligence

Trade Area within ½ mile

2,977
Businesses Nearby

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 23-studio apartment building built in 1926, fully rehabbed in 2013, with two contiguous lots included in the sale.
Where is this apartment building located?
The property is located at 177 NE 50th St Miami, FL.
What are key features of this property?
This property features: 23‑unit apartment building in Miami’s Design District at 177 NE 50th Street; Unit mix: 23 studios; Constructed in 1926 and fully rehabbed in 2013
(305) 776-5345 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message