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414 NW 53rd Street
Miami, FL 33127
$1,500,000
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.
| List Price: | $1,500,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 2,752 |
| Tax Annual Amount: | $5,600 |
| Waterfront?: | No |
| Subdivision: | Railway Shops Addn 2 Nd Am |
| Year Built: | 1926 |
| Basement Yn: | No |
| Construction Materials: | CBSConcreteBlockStructure, Block |
| Cooling: | WallWindowUnits |
| Elementary School: | Shadowlawn |
| Heating: | SeparateMeters, WallFurnace |
| High School: | Miami Edison |
| Listing Contract Date: | 2026-10-21 |
| Lot Features: | QuarterToHalfAcreLot |
| Middle Or Junior School: | Jose De Diego |
| MLS Area Major: | 2310 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Original List Price: | $1,500,000 |
| Parcel Number: | 0131240132710 |
| Parking Total: | 4 |
| Possession: | Negotiable |
| Postal City: | Miami |
| Property Condition: | Resale, UpdatedRemodeled |
| Roof: | Flat, Tile |
| Sewer: | PublicSewer |
| Stories Total: | 2 |
| Tax Year: | 2025 |
| Current Price: | $1,500,000.00 |
| Country Subdivision: | 12025 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12025:0131240132710 |
| Listing Id: | A12110434 |
|---|---|
| Property Sub Type: | Quadruplex |
| City: | Miami |
| County Or Parish: | Miami-dade |
| Postal Code: | 33127 |
| Number Of Units Total: | 4 |
| Building Area Total: | 1763.0 |
| Cooling?: | Yes |
| Flooring: | Tile |
| Gross Income: | $8,705 |
| Heating?: | Yes |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional, FHA, VaLoan |
| Postal Code Plus4: | 1931 |
| Public Survey Township: | 1 |
| State Or Province: | FL |
| Utilities: | CableAvailable |
| Zoning: | 5700 |
| Property Sub Type Additional: | Quadruplex |
| List Office National Association Id: | 0 |
| Record Signature: | -1,193,385,089 |
Listing Courtesy of: Realty One Group Royal Oaks
Listing Agent: Luis C Padilla
305-785-7805
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BeachesMLS data last updated on October 23, 2026 03:13 AM - ET
Property Last Updated: October 23, 2026 03:13 AM - ET
