128 NW 53rd St, Miami FL 33127 | Miami-Dade County | A11895997
- $825,000
128 NW 53rd St, Miami FL 33127 | Miami-Dade County | A11895997
- $825,000
Description
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.
Address
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Address: 53rd St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33127
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Area: RAILWAY SHOPS ADDN 2ND AM
Details
Updated on October 17, 2025 at 4:09 pm-
Property ID A11895997
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Price $825,000
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Year Built 1930
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Type Duplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Detached
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BuildingAreaTotal 2805
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BuildingAreaUnits Square Feet
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BuildingName RAILWAY SHOPS ADDN 2ND AM
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2025-10-16
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Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)
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DaysOnMarket 1
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Directions GPS
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DocumentsAvailable Deposit Held, Deposit - Last Months Rent, Deposit - Security, Rent Rolls
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ExpirationDate 2026-04-30
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Flooring Tile
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Heating Central
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-200-3966
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ListAgentEmail info@miamisrealestate.com
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ListAgentFullName David Nguah
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ListAgentKey 4e088fb4995de01fef2d47b92076aa6d
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ListAgentMlsId 0672492
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ListAgentOfficePhone 305-695-6300
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ListAgentStateLicense 0672492
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ListOfficeFax 305-695-6301
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ListOfficeKey be9147907a2c9ef2ea0b477fb477cbea
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ListOfficeMlsId DEOM01
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ListOfficeName Douglas Elliman
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ListOfficePhone 305-695-6300
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ListOfficeURL https://issuu.com/miami-beach-home-finder/docs/128_nw_53rd_street
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2025-10-16
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ListingKey 1d9f7b941d1b0f225b322abc72b0986b
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ListingTerms All Cash, Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Railway Shops Addn 2nd Am
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MajorChangeTimestamp October 16, 2025 at 06:13pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp October 17, 2025 at 02:24pm
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NetOperatingIncome 44904
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NumberOfUnitsInCommunity 6
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NumberOfUnitsTotal 2
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OnMarketDate 2025-10-16
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OperatingExpense 37176
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OriginalEntryTimestamp October 16, 2025 at 06:13pm
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OriginalListPrice 825000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-31-24-013-0460
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ParkingTotal 2
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PhotosChangeTimestamp October 16, 2025 at 06:16pm
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PhotosCount 19
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Possession Funding
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PostalCodePlus4 1918
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PriceChangeTimestamp October 14, 2025 at 06:11pm
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PublicSurveyRange 31
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PublicSurveySection 24
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PublicSurveyTownship 31
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RentIncludes Electricity, Sewer, Trash Collection
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Roof Shingle
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Call Listing Agent
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SourceSystemKey 421841873
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StateOrProvince FL
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StatusChangeTimestamp October 16, 2025 at 06:13pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix NW
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StreetName 53rd St
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StreetNumber 128
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StreetNumberNumeric 128
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StructureType Duplex
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SyndicationRemarks 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.
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TaxAnnualAmount 10809
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TaxLegalDescription 24 53 41 PB 3-183 RAILWAY SHOPS ADD 2ND AMD LOT 9 BLK 3 LOT SIZE SITE VALUE OR 13370-3027 0787 1
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TaxYear 2024
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TotalActualRent 86400
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WaterSource Municipal Water
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YearBuiltDetails Resale
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Zoning 3900
Features
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Down Payment
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PMI
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Monthly HOA Fees