$1,500,000

For sale

414 NW 53rd St, Miami FL 33127

2,752 sq ftBuilt 1926MLS# A12110434

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About this property

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.

Property details

Property type
Multi-family
Year built
1926
Living area
2,752 sq ft
Price per sq ft
$545
Property taxes
$5,600/yr
Parking
4 spaces
Building / community
Railway Shops Addn 2nd Am
Status
For sale
MLS #
A12110434

Listing courtesy of Realty One Group Royal Oaks.

Location

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