414 NW 53rd Street, Miami, FL 33127 (MLS# A12110434)

414 NW 53rd Street, Miami, FL 33127

New Listing
$1,500,000
Property Type: Residential Income Square Footage: 1,763 Status: Active
Current Price: $1,500,000 List Date: 10/21/2026 Last Modified: 10/23/2026

Overview

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.

Listing Details MLS# A12110434

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
1763
Living Area Main
2752
Adjusted Area Main
2459
Year Built
1926
Parking Total
4
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: None Flooring: Tile Property Condition: Resale; Updated/Remodeled Structure Type: Multi Family Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Separate Meters; Window/Wall Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Roof: Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Call Listing Agent Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking Unit 4 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
414
Street Direction Prefix
NW
Street Name
53rd
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
1931
Postal Zip
33127
Subdivision Name
RAILWAY SHOPS ADDN 2ND AM
Area
2310
Elementary School
Shadowlawn
Middle Or Junior School
Jose De Diego
High School
Miami Edison
Parcel Number
0131240132710
Subdivision Number
13
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
5600
Tax Year
2025
Tax Legal Description
RAILWAY SHOPS ADD 2ND AMD PB 3-183 LOT 7 BLK 15 LOT SIZE SITE VALUE COC 25154-2068 11 2006 1

Status Change Information

Major Change Timestamp
2026-10-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-22

More Information

Income and Expenses

Gross Income
8705

Unit 1 Details

Actual Rent
2150
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
2150
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
2150
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Unit 4 Details

Actual Rent
2255
Baths Full
Yes
Efficiency YN
No

Unit 4 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
545.05

Section Details

Parcel Number MLX
2710

Originating Details

Originating System Key
567922612
Originating System ID
M00000151
IDX
Listing Office: Realty One Group Royal Oaks
Source MLS Verified
Last Updated: October - 23 - 2026
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