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31 NE 53rd St, Miami FL 33137

House For Sale
$740,000

BTC: 11.56250000

ETH: 388.93327166

New
6 bds
2 ba
936 sqft

Overview

BUENA VISTA MULTI-USE PROPERTY & INVESTMENT OPPORTUNITY Currently operating as a PadSplit with rental income. Fully updated interior. All utilities are included in the rent. Can be used as a single-family residence or investment property Strategically located near Miami’s Design District and Wynwood, this 6-bedroom, 2-bathroom multi-use property presents an excellent opportunity for both residential use and investment in a rapidly evolving area surrounded by development, dining, art, entertainment, and urban amenities. Currently operating as a PadSplit with established rental income, the property offers an investor the opportunity to acquire an income-producing residential asset with an existing operating model. The fully updated interior features six bedrooms, with four bedrooms in the main house and two bedrooms in the garage apartment, along with two bathrooms, shared laundry facilities, and plenty of on-site parking. All utilities are included in the rent, making this a turnkey business opportunity to add to your portfolio. With its desirable location, flexible bedroom configuration, and proximity to major Miami destinations, Buena Vista offers versatility for either a single-family residence or an income-generating investment property in an area experiencing continued growth and redevelopment. Turnkey business opportunity to add to your portfolio. Buyer to independently verify all income, operating information, zoning, licensing, and PadSplit-related requirements.

Location

Florida Miami 33137 House For Sale

Details

Type:
Residential
Parking:
Driveway / Other
Year Built:
1935
Lot:
4500 Square Feet
Heating:
Window/Wall
Price/sqft:
$791
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $592K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$550,756
2025
View
Other
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Other

    Lot

    • Lot: 4500 Square Feet

    Other Property Information

    • Parcel Number: 01-31-24-010-0130

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $550,756

  • Source details

    • MLS ID: A12069155

    Other facts

    • Construction Materials: Frame With Stucco

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Blinds

    • Direction Faces: South

    • Architectural Style: Detached / One Story

    • Living Area: 936

    • Water Source: Municipal Water

    • Subdivision Name: ORCHARD VILLA TRACK ADDN

Private inquiry
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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: Berkshire Hathaway HomeService