414 Nw 53rd St, Miami, FL 33127

$1,500,000
2,752
SqFt

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List Price
$1,500,000
MLS
A12110434
Complex Name
Railway Shops Addn 2nd Am
Status
ACTIVE
Type
Multifamily
Living Area
2,752

Property Description

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.

Additional Information

Days on Market
2
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
#Parking Spaces
4
Year Built
1926
Development Name
Railway Shops Addn 2nd Am
#Stories
2
Construction Type
CBS Construction
Section
24

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Listing Courtesy of Realty One Group Royal Oaks, Contact: