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$1,500,000 Just Listed
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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.
Full Property Details
Full Property Details for 414 NW 53rd St
General
- Price: $1,500,000
- Taxes: $5,600 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12110434
- Updated: 10/23/2026
- Added to Site: 3 day(s) ago
Rental Information
- Rent Includes: Gardener, Sewer, Trash Collection, Water
Interior
- Interior Features: Stairs
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: Railway Shops Addn 2nd Am
- County: Miami-Dade County
- Subdivision: RAILWAY SHOPS ADDN 2ND AM
- Building Name: RAILWAY SHOPS ADDN 2ND AM
Community
- Community Name: Railway Shops Addn 2nd Am
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Window/Wall
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Stories/Levels: 2
- Building Size: 1763
- Square Feet: 2,752
- Living Area: 2,752 Sq. Ft.
- Year Built: 1926
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $545.06
- Tax Amount: $5,600
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: None
- Legal Description: RAILWAY SHOPS ADD 2ND AMD PB 3-183 LOT 7 BLK 15 LOT SIZE SITE VALUE COC 25154-2068 11 2006 1
- Property ID: 01-31-24-013-2710
Listed by Realty One Group Royal Oaks
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Schools
Schools serving 414 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 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.2 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 414 NW 53rd St
Date
Details
Price
Change
Source
10/21/2026
Listed
$1,500,000
86.34%
MLS
6/30/2021
Sold
$805,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 414 NW 53rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,959
10%
$658,005
-6%
2024
$12,640
9%
$697,670
13%
2023
$11,579
14%
$614,754
24%
2022
$10,192
53%
$494,370
47%
2021
$6,671
-6%
$335,186
-6%
2021
$7,122
11%
$357,360
18%
2019
$6,440
12%
$301,668
10%
2018
$5,757
-1%
$274,866
—
2017
$5,823
60%
$274,866
71%
2016
$3,636
12%
$160,387
10%
2015
$3,242
4%
$145,807
6%
2014
$3,106
4%
$136,950
4%
2013
$2,978
—
$131,452
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 414 NW 53rd St
414 NW 53rd St, Miami, FL 33127 (MLS# A12110434) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 414 NW 53rd St is currently listed for $1,500,000 and was received on October 21, 2026. Want to learn more about 414 NW 53rd St? Do you have questions about finding other Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

