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$740,000 -$159,000 (-17.69%) Price Reduced
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Property Description
This 8,150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging "Beverly Hills of Miami." The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design District's global luxury retail and dining scene, with walkable proximity to Wynwood and Magic City. The neighborhood is undergoing accelerated gentrification, driving a rapid transition toward high-end residential product. A development project is near approval, though the property is sold as-is, offering flexibility for developers or end users to execute a custom luxury vision at a price point that is increasingly scarce in
Full Property Details
Full Property Details for 70 NW 53rd St
General
- Price: $740,000
- Taxes: $10,330 (2023)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11575566
- Updated: 1/14/2026
- Added to Site: 639 day(s) ago
Location
- Area: Railway Shops Addn 2nd Am
- County: Miami-Dade County
- Subdivision: RAILWAY SHOPS ADDN 2ND AM
- Building Name: RAILWAY SHOPS ADDN 2ND AM
- Direction Faces: Northwest
Community
- Community Name: Railway Shops Addn 2nd Am
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Zoned Duplex, Check Land Use Plan
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,200
- Street/Road Desc.: Paved
- Lot Features: City Location, Less Than 1/4 Acre Lot, Cleared, Compact Soil, Septic
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees
- Zoning: 3900
Financial Considerations
- Tax Amount: $10,330
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Appraisal, Other Documents Available
- Legal Description: RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 4 BLK 4 LOT SIZE 50.000 X 144 OR 21115-0415 03 2003 1 COC 24265-2620 02 2006 1
- Property ID: 01-31-24-013-0600
Listed by Optimar International Realty
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Schools
Schools serving 70 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 70 NW 53rd St
Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$740,000
-17.69%
MLS
4/25/2025
Price Increased
$899,000
12.52%
MLS
11/29/2024
Price Reduced
$799,000
-26.7%
MLS
10/18/2024
Price Increased
$1,090,000
28.39%
MLS
5/15/2024
Price Reduced
$849,000
-5.56%
MLS
4/18/2024
Listed
$899,000
79.8%
MLS
6/09/2022
Sold
$500,000
—
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 70 NW 53rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,662
13%
$609,520
31%
2023
$10,330
110%
$465,550
84%
2021
$4,918
-7%
$253,211
-15%
2022
$5,314
8%
$299,311
18%
2021
$4,918
15%
$253,241
83%
2019
$4,277
14%
$138,319
10%
2018
$3,768
3%
$125,745
-31%
2017
$3,650
15%
$181,331
74%
2016
$3,173
11%
$103,922
10%
2015
$2,861
-4%
$94,475
3%
2014
$2,972
-2%
$92,022
9%
2013
$3,019
—
$84,511
—
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 70 NW 53rd St
70 NW 53rd St, Miami, FL 33127 (MLS# A11575566) is a Land Residential property with a lot size of 0.17 acres. 70 NW 53rd St is currently listed for $740,000 and was received on April 18, 2024. Want to learn more about 70 NW 53rd St? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

