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128 NW 53rd StMiami, FL 33127

For Sale

$825,000

Smart Buyer Rebate $8,250

Investor & Developer Multi-Family Alert! Fully rented duplex with two additional units producing over $7,000/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. Property features a 3-bed/1-bath main house with new central A/C and 1-bed/1-bath units with efficient window A/Cs. 2 year 2-year-old roof. Prime location minutes from Design District, Wynwood, Midtown, and Brickell, surrounded by new multi-family and single-family developments. Please do not disturb tenants. The building is gated, and appointments only for showings.

Listed by David Nguah

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License #0672492

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Douglas Elliman

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786-200-3966

Last updated October 17, 2025

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Source: MIAMIRE #A11895997

Listing Facts

  • TypeMulti-family
  • NeighborhoodBuena Vista
  • Days on Prevu6
  • Taxes$10,809/year

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/16/2025
Listed by Douglas Elliman
$825,000

Property Details for 128 NW 53rd St

Association

General

  • Number Of Units In Community: 6

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Duplex
  • Year Built: 1930
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Construction Materials: Concrete Block Construction

Measurements

  • Building Area Total: 2,805
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $37,176.00

Taxes

  • Parcel Number: 01-31-24-013-0460
  • Tax Annual Amount: $10,809.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile

Measurements

  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM

Parking

Parking

  • Parking Total: 2

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.