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1515 NW 53rd St, Miami FL 33142

Multi-family For Sale
$595,000

BTC: 7.77168234

ETH: 256.46551724

New
0 room(s)
1,500 sqft

Overview

A TRUE CASH COW! EXCEPTIONAL INVESTMENT OPPORTUNITY! Excellent opportunity to own a well-kept, income-producing duplex in a convenient Miami location. Both units are currently rented through the Miami-Dade Section 8 Housing Program to long-established tenants (related), providing an established rental history and dependable income. Rents currently are offering investors the potential for increased returns over time. Both units were completely updated and refurbished when acquired and feature central air conditioning, security window bars, refrigerators, ranges, and more. Situated on a quiet residential street, the property offers convenient access to schools, shopping, public transportation, Wynwood, Miami International Airport, I-95, the Civic Center, major hospitals, and other key destinations. The property backs up to a vacant lot belonging to the adjacent church, providing additional privacy and an open rear setting. A great opportunity for investors seeking an established income-producing property with additional rental upside! Information deemed reliable but not guaranteed. NO HOA!!! Sellers are real estate brokers. Priced to sell fast!!! SOLD AS-IS!!! DO NOT DISTURB TENANTS!!! DO NOT DISTURB TENANTS!!!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1963
Lot:
No Data
Heating:
Central
Price/sqft:
$397
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$526,000
$347K – $681K
Confidence Low
List vs. estimate
$69K above estimate
List $595,000 · +13.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$396
-9.4% vs. city median $437
Based on
36 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $365K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,000
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 01-31-22-052-0430

    • Zoning: 0104

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $7,000

  • Source details

    • MLS ID: A12117728

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction / Other

    • Lot Features: Other Lot Description

    • Patio And Porch Features: Open Porch

    • Window Features: Awning

    • Architectural Style: Other

    • Living Area: 1500

    • Subdivision Name: FLORAL PARK 1ST AMD PL

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: Florida Realty of Miami Corp