Miami, FL 33127 128 NW 53rd St
$825,000



14 more














Presented By: This listing is courtesy of Douglas Elliman;
Home Details
Investor & Developer Multi-Family Alert! Fully rented duplex with two additional units producing over $7,000/month plus $150/month from coin laundry. Zoned T4-R on a 7,200 SF lot in a NO FLOOD ZONE, offering strong cash flow, stabilized tenants, and future redevelopment potential. Property features a 3-bed/1-bath main house with new central A/C and 1-bed/1-bath units with efficient window A/Cs. 2 year 2-year-old roof. Prime location minutes from Design District, Wynwood, Midtown, and Brickell, surrounded by new multi-family and single-family developments. Please do not disturb tenants. The building is gated, and appointments only for showings.
Presented By: This listing is courtesy of Douglas Elliman;
Interior Features for 128 NW 53rd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
General for 128 NW 53rd St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentralAir, CeilingFans, WallWindowUnits
CountyMiami-Dade
DirectionsGPS
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description24 53 41 PB 3-183 RAILWAY SHOPS ADD 2ND AMD LOT 9 BLK 3 LOT SIZE SITE VALUE OR 13370-3027 0787 1
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income44904.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense37176.0
Pool FeaturesNone
PossessionClosingAndFunding, CloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesElectricity, Sewer, TrashCollection
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Showing Instructions24 Hour Notice, Call Listing Agent
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameRAILWAY SHOPS ADDN 2ND AM
Tax Annual Amount10809.0
Tax Year2024
Total Actual Rent86400.0
UtilitiesCableAvailable
Virtual TourClick here
Year Built1930
Year Built DetailsResale
Zoning Description3900
Exterior for 128 NW 53rd St
Building Area Total2805.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Mercy Quinonez
Realtor® ABR®
SQFT • 2,805