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$1,500,000
414 NW 53rd Street
Miami, FL 33127
MLS# A12110434
1763 sqft


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Property Description
Excellent investment opportunity just minutes from the vibrant Miami Design District. This recently remodeled fourplex sits on an oversized lot with an expansive footprint of land, offering immense long-term value, future development potential, and immediate cash flow. All four units are fully leased and 100% occupied, providing a stabilized, turn-key asset from day one in one of Miami's highest-demand rental corridors. Each unit features beautiful modern updates, contemporary kitchens, and upgraded bathrooms that command top-tier market rents. Positioned on a rare, generous parcel of land that provides ample space for private tenant parking or outdoor amenities, this premier multi-family property represents the perfect combination of immediate rental yield and strong land-residual appreciation on the border of a world-class luxury retail and dining hub.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-21
Status: Active
Original List Price: 1500000
List Price: $1,500,000
Current Price: $1,500,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33127
Subdivision Number: 13
Flood Zone: X
Country: United States
Street Number: 414
Street Direction Prefix: NW
Street Name: 53rd
Street Suffix: Street
State Or Province: FL
Postal Code: 33127
Postal Code +4: 1931
Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
Area: 2310
Elementary School: Shadowlawn
Middle Or Junior School: Jose De Diego
High School: Miami Edison
Parcel Number: 0131240132710
Zoning: 5700
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 2459
Living Area Main: 2752
Parking Total: 4
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 1763
Year Built: 1926
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 5600
Tax Year: 2025
Tax Legal Description: RAILWAY SHOPS ADD 2ND AMD PB 3-183 LOT 7 BLK 15 LOT SIZE SITE VALUE COC 25154-2068 11 2006 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Documents Available
None: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Roof
Flat: 1
Tile: 1
Income and Expenses
Gross Income: 8705
Cooling
Wall/Window Unit(s): 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Tax Information
City/County: 1
Unit 1 Details
Actual Rent: 2150
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Kitchen: 1
Laundry Room: 1
Unit 2 Details
Actual Rent: 2150
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Parking Features
Open Parking: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 3 Details
Actual Rent: 2150
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Parking Features
Open Parking: 1
Unit 3 Patio/Porch
Patio/Porch: 1
Unit 4 Details
Actual Rent: 2255
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Parking Features
Open Parking: 1
Unit 4 Patio/Porch
Patio/Porch: 1
Price Calculations
Current Price To SqFt: 545.05
Section Details
Parcel Number MLX: 2710
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-10-21T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-22
Originating Details
Originating System Key: 567922612
Originating System ID: M00000151
Property Features
Documents Available: None
Flooring: Tile
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Heating: Separate Meters; Window/Wall
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Negotiable
Roof: Flat; Tile
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: 24 Hour Notice; Call Listing Agent
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Kitchen; Laundry Room
Unit 2 Parking Features: Open Parking
Unit 3 Parking Features: Open Parking
Unit 4 Parking Features: Open Parking
Acreage Description: 1/4 To Less Than 1/2 Acre Lot

IDX
Listing Office: Realty One Group Royal Oaks
Source MLS Verified

Last Updated: October - 23 - 2026

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