About This Home

This 8-bedroom, 0-bathroom multi-family at 414 NW 53rd St in Miami, FL is listed for $1,500,000 ($545 per sqft). Built in 1926, the home offers 2,752 sqft of living space on a N/A lot.

Key Features

  • Built in 1926
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 full
4 spaces
1926

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

414 NW 53rd St

Miami, FL 33127

RAILWAY SHOPS ADDN 2ND AM

Property Details

Flooring

Tile

Construction

CBS (Concrete Block Structure) Block

Heating

Wall Furnace

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 8-bedroom, 0-bathroom multi-family at 414 NW 53rd St is listed at $1,500,000 ($545/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 2 stories, 4 parking spaces.

This property is listed by Luis Padilla.

LP

Luis Padilla

License 0699832

Agent at Realty One Group Royal Oaks

Listed by Realty One Group Royal Oaks · Broker phone: (786) 838-6454 · View on Broker Site · Broker website

MLS# A12110434· Source: Miami REALTORS®· 3 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

414 NW 53rd St, Miami, FL 33127

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