177 NE 50 ST, Miami, FL 33137

177 NE 50 ST, Miami, FL 33137 is a 23-bedroom, 23-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1926 with 12,423 square feet of living space on a 6,800 square foot lot. The property is currently owned by DESIGN DISTRICT STUDIOS LLC C/O M & M, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-08-31 for $750,000, when DESIGN GRP LLC sold to DESIGN DISTRICT STUDIOS LLC. The property sold for $450,000 less than the prior sale of $1,200,000 on 2005-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,554,099 with a market value of $2,830,000. This breaks down to $680,000 for the land and $2,150,000 for the building. The assessed value increased 10% from $1,412,818 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $67,271, and the median home value is $618,500.

The population density is 8,215 people per square mile. 177 NE 50 ST, Miami, FL 33137 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2003 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 207% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $60 per square foot — a key metric for comparing value across Miami's real estate market..