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560 NW 53rd St, Miami FL 33127

House For Sale
$599,000

BTC: 9.18993556

ETH: 314.82571585

+$100K (2026/04/14)
235 days
2 bds
1 ba
1,050 sqft

Overview

Exceptional development opportunity in one of Miami’s fastest-growing corridors! This 2-bed/1-bath home sits on a 7,200 SF lot with highly desirable T3-O zoning, allowing for the construction of one duplex. Architectural floor plans are completed and ready to be submitted to the City, giving developers and investors a head start on the permitting process. The property is partially remodeled and currently rented, offering immediate income while planning your project. Whether you hold, improve, or build new, this property presents a rare chance to secure a large lot in a prime urban core neighborhood. Do not miss this opportunity!

Location

Florida • Miami • 33127 • House • For Sale

Details

Type:
Residential
Parking:
Driveway
Year Built:
1948
Lot:
7200 Square Feet
Heating:
Wall Furnace
Price/sqft:
$570
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$420,000
$278K – $625K
Confidence Low
List vs. estimate
$179K above estimate
List $599,000 · +42.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$570
+19.6% vs. city median $477
Based on
69 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $604K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,710
2024
View
Other
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Wall Furnace

    Cooling

    • Electric

    Appliances

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • Driveway

    Property

    • Exterior Features: None

    Lot

    • Lot: 7200 Square Feet

    Other Property Information

    • Parcel Number: 01-31-24-013-2520

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $8,710

  • Source details

    • MLS ID: A11927960

    Other facts

    • Construction Materials: Frame With Stucco

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: North

    • Architectural Style: Detached / One Story

    • Living Area: 1050

    • Water Source: Municipal Water

    • Subdivision Name: RAILWAY SHOPS ADDN AMD

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
298
median $1.1M
Active
Same city
Miami
12,325
median $637K
Active
Same type
House
2,949
median $810K
Active
Similar price
$419K – $778K
4,018
median $575K
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: Dezer Platinum Realty LLC