For sale
Photo 1 of 60$1,500,000
For sale414 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
Location
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