RAILWAY SHOPS ADDN 2ND AM

128 NW 53rd St, Miami FL 33127

Closed

$819,000

Est. Payment $4,359/mo

MLS Sheet Video

1930

Year Built

Stories

Days on Market

Description

Investor & Developer Multi-Family Alert! Ddon’t miss this opportunity - a comparable property on the same street just sold for significantly more. Fully rented duplex with two additional units producing over $7,200/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. Features a 3-bed/1-bath main house with new central A/C and three 1/1 units. Two-year-old roof. Minutes from Design District, Wynwood, Midtown, and Brickell in a rapidly developing corridor where —don’t miss this opportunity. Do not disturb tenants. Gated property; showings by appointment only.

Facts

MLS#: A11940429
Subdivision: RAILWAY SHOPS ADDN 2ND AM
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1930
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 4 days
Listed: Jan 8, 2026
Last Updated: Mar 5, 2026
Price/Lot Sq.Ft.: —

Comparable homes

Same ZIP, similar price + bedrooms.

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$825,000

— bd · 0 ba · 2,468 sqft

414 NW 53 Street, Miami FL 33127

SOLD

$750,000

— bd · 0 ba · 2,694 sqft

1109 NW 34th Street, Miami FL 33127

SOLD

$750,000

— bd · 0 ba · 1,458 sqft

220 NW 51st Street, Miami FL 33127

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$750,000

— bd · 0 ba · 1,682 sqft

5020 NW 1st Avenue, Miami FL 33127

SOLD

$742,000

— bd · 0 ba · 2,088 sqft

773 NW 34th Street, Miami FL 33127

SOLD

$740,000

— bd · 0 ba · 2,094 sqft

580-590 NW 58th St, Miami FL 33127

SOLD

$685,000

— bd · 0 ba · —

344 NW 41st St, Miami FL 33127

$799,000

1 bd · 1 ba · 720 sqft

2700 NW 2nd Ave # 717, Miami FL 33127

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/5/2026	Sold	$819,000
1/8/2026	Listed for sale	$819,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

128 NW 53rd St, Miami FL 33127Directions

Estimated Monthly Payment

$5,192/mo

Principal & Interest

$4,359

Property Tax

$683

Insurance

$150

HOA

Down Payment20% ($163,800)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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