1515 NW 53rd St, Miami FL 33142 | Miami-Dade County | A12117728
  • $595,000

Description

A TRUE CASH COW! EXCEPTIONAL INVESTMENT OPPORTUNITY!
Excellent opportunity to own a well-kept, income-producing duplex in a convenient Miami location. Both units are currently rented . providing an established rental history and dependable income. Rents currently are offering investors the potential for increased returns over time. Both units were completely updated and refurbished when acquired and feature central air conditioning, security window bars, refrigerators, ranges, and more.
Situated on a quiet residential street, the property offers convenient access to schools, shopping, public transportation, Wynwood, Miami International Airport, I-95, the Civic Center, major hospitals, and other key destinations. The property backs up to a vacant lot belonging to the adjacent church, providing additional privacy and an open rear setting. A great opportunity for investors seeking an established income-producing property with additional rental upside! Information deemed reliable but not guaranteed. NO HOA!!! Sellers are real estate brokers. Priced to sell fast!!! SOLD AS-IS!!! DO NOT DISTURB TENANTS!!! DO NOT DISTURB TENANTS!!!

Property Overview

At 1515 NW 53rd St, this 1,500-square-foot duplex built in 1963 offers a straightforward entry point into Miami real estate at $595,000. The property is situated in the Floral Park 1st AMD Pl subdivision and comes with no monthly HOA fees, which can simplify budgeting for new owners. Both units were updated when acquired and include central air conditioning, security window bars, and appliances like refrigerators and ranges. The home currently generates income through the Miami-Dade Section 8 Housing Program, with two long-established tenants providing a documented rental history. This setup allows a buyer to step in with an existing cash flow structure. The location provides convenient access to I-95, Miami International Airport, the Civic Center, and major hospitals, while also placing you near Wynwood and public transportation options. The property sits on a quiet residential street, backing up to a vacant lot that offers an open rear setting and added privacy. For any questions regarding the specific terms of the current leases or other non-public details, please call 305-859-4733 to speak with a representative.

Frequently Asked Questions

What type of property is this and what is the total living area?

This is a duplex with 1,500 square feet of living area located at 1515 NW 53rd St in Miami.

Is there an HOA fee associated with this property?

No, the HOA fee for this property is $0.

What is the current rental status and tenant program for the units?

Both units are currently rented to long-established, related tenants through the Miami-Dade Section 8 Housing Program, providing an established rental history.

What interior updates and appliances are included in the units?

Both units were completely updated and refurbished and feature central air conditioning, security window bars, refrigerators, and ranges.

What is the rear setting of the property like?

The property backs up to a vacant lot belonging to an adjacent church, which provides additional privacy and an open rear setting.

How can a buyer obtain details regarding the specific rental amounts or Section 8 program specifics?

For specific financial details regarding the rental income or program specifics, please call 305-859-4733.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Florida Realty of Miami Corp.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 53rd St
  • City: Miami
  • Zip/Postal Code: 33142

Details

Updated on November 8, 2026 at 10:41 pm
  • Property ID A12117728
  • Price $595,000
  • Property Size 1500 Sq Ft
  • Year Built 1963
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Building FLORAL PARK 1ST AMD PL
  • Listing Terms All Cash
  • Area Floral Park 1st Amd Pl
  • Total Stories 1
  • Waterfront No
  • Association No
  • Style Duplex
  • Private Pool No
  • Structure Type Duplex
  • Association Fee 0
  • Subdivision FLORAL PARK 1ST AMD PL
  • Annual Tax 7000
  • Year Built Details Resale
  • Building Area 1685
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction Concrete Block With Brick, CBS Construction, Other
  • Patio / Porch Open Porch
  • Association Type None

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