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
·
License #0672492
·
Douglas Elliman
·
786-200-3966
Last updated October 17, 2025
·
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.
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.