Description

This 8,150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging “Beverly Hills of Miami.” The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design District’s global luxury retail and dining scene, with walkable proximity to Wynwood and Magic City. The neighborhood is undergoing accelerated gentrification, driving a rapid transition toward high-end residential product. A development project is near approval, though the property is sold as-is, offering flexibility for developers or end users to execute a custom luxury vision at a price point that is increasingly scarce in

Address

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Address: 53rd St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: RAILWAY SHOPS ADDN 2ND AM

Details

Updated on January 14, 2026 at 7:36 pm

Property ID A11575566
Price $740,000
Land Area 0.17 Square Feet
Type Residential
Property Status Land/Boat Docks

Additional details

BuildingAreaUnits Square Feet
BuildingName RAILWAY SHOPS ADDN 2ND AM
ContractStatusChangeDate 2024-04-18
CurrentUse Zoned Duplex, Check Land Use Plan
DaysOnMarket 614
DevelopmentStatus Undeveloped
DirectionFaces Northwest
DocumentsAvailable Appraisal, Other Documents Available
DocumentsCount 2
ExpirationDate 2026-12-31
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-235-4046
ListingTerms Cash
LotFeatures City Location, Less Than 1/4 Acre Lot, Cleared, Compact Soil, Septic
LotSizeSquareFeet 7200
MLSAreaMajor Railway Shops Addn 2nd Am
MajorChangeTimestamp January 12, 2026 at 04:46pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp January 14, 2026 at 04:24pm
OnMarketDate 2024-04-18
OriginalEntryTimestamp April 30, 2024 at 09:11pm
OriginalListPrice 899000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
OtherStructures None
ParcelNumber 01-31-24-013-0600
PhotosChangeTimestamp July 16, 2024 at 12:32pm
PhotosCount 7
Possession Funding
PostalCodePlus4 1916
PreviousListPrice 899000
PriceChangeTimestamp January 12, 2026 at 04:46pm
PublicSurveyRange 31
PublicSurveySection 24
PublicSurveyTownship 31
RoadSurfaceType Paved
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 394989960
StateOrProvince FL
StatusChangeTimestamp July 2, 2025 at 04:15am
StreetDirPrefix NW
StreetName 53rd St
StreetNumber 70
StreetNumberNumeric 70
StructureType Residential
SyndicationRemarks This 8, 150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging “Beverly Hills of Miami.” The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design District’s global luxury retail and dining scene, with walkable proximity to Wynwood and Magic City. The neighborhood is undergoing accelerated gentrification, driving a rapid transition toward high-end residential product. A development project is near approval, though the property is sold as-is, offering flexibility for developers or end users to execute a custom luxury vision at a price point that is increasingly scarce in
TaxAnnualAmount 10330
TaxLegalDescription RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 4 BLK 4 LOT SIZE 50.000 X 144 OR 21115-0415 03 2003 1 COC 24265-2620 02 2006 1
TaxYear 2023
Vegetation Other Trees
Zoning 3900