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$750,000
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Property Description
Investor & Developer Multi-Family Alert! Ddon't miss this opportunity - a comparable property on the same street just sold for significantly more. Fully rented duplex with two additional units producing over $7,200/month plus $150/month from coin laundry. Zoned T4-R on a 7,200 SF lot in a NO FLOOD ZONE, offering strong cash flow, stabilized tenants, and future redevelopment potential. Features a 3-bed/1-bath main house with new central A/C and three 1/1 units. Two-year-old roof. Minutes from Design District, Wynwood, Midtown, and Brickell in a rapidly developing corridor where -don't miss this opportunity. Do not disturb tenants. Gated property; showings by appointment only.
Full Property Details
Full Property Details for 128 NW 53rd St
General
- Sold For: $750,000
- Taxes: $11,365 (2025)
- Status: Closed
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11940429
- Added to Site: 59 day(s) ago
Rental Information
- Rent Includes: Electricity, Sewer, Trash Collection
Interior
- Flooring: Tile
Parking
- Total Spaces: 2
Location
- Area: Railway Shops Addn 2nd Am
- County: Miami-Dade County
- Subdivision: RAILWAY SHOPS ADDN 2ND AM
- Building Name: RAILWAY SHOPS ADDN 2ND AM
- Driving Directions: GPS
Community
- Community Name: Railway Shops Addn 2nd Am
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2805
- Year Built: 1930
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Potential Use: Unknown/Withheld
- Zoning: 3900
Financial Considerations
- Operating Expenses: $33,588
- Tax Amount: $11,365
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Rent Rolls
- Legal Description: 24 53 41 PB 3-183 RAILWAY SHOPS ADD 2ND AMD LOT 9 BLK 3 LOT SIZE SITE VALUE OR 13370-3027 0787 1
- Property ID: 01-31-24-013-0460
Listed by Douglas Elliman
Sold by EXP Realty South LLC
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Schools
Schools serving 128 NW 53rd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Shadowlawn Elementary School, Miami, FL 149 Northwest 49th Street, Miami, FL 33127 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.3 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 NW 53rd St
Date
Details
Price
Change
Source
3/04/2026
Sold
$750,000
-8.42%
MLS
1/08/2026
Listed
$819,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
128 NW 53rd St, Miami, FL 33127 (MLS# A11940429) is a Duplex property that was sold at $750,000 on March 04, 2026. Want to learn more about 128 NW 53rd St? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

