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414 NW 53rd St, Miami FL 33127

Multi-family For Sale
$1,500,000

BTC: 18.86792453

ETH: 616.77631579

3 days
0 room(s)
2,752 sqft

Overview

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.

Location

Florida • Miami • 33127 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1926
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$545
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,150,000
$848K – $2.1M
Confidence Low
List vs. estimate
$350K above estimate
List $1,500,000 · +30.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$545
+24.9% vs. city median $436
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $600K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,600
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 01-31-24-013-2710

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $5,600

  • Source details

    • MLS ID: A12110434

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Living Area: 2752

    • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
114
median $977K
Active
Same city
Miami
6,218
median $650K
Active
Same type
Multi-family
247
median $914K
Active
Similar price
$1.1M – $1.9M
811
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Realty One Group Royal Oaks