RAILWAY SHOPS ADDN 2ND AM
61 NW 53rd St, Miami FL 33127
3 beds · 3 baths · 1,080 ft²
$675,000
Est. Payment $3,593/mo
3
Bedrooms
3
Bathrooms
1,080
Sq. Ft.
1930
Year Built
22
Days on Market
Description
Exceptional investment opportunity in Miami’s rapidly growing MIMO District, just minutes from the Design District, Wynwood, and Midtown. Surrounded by new developments and ongoing neighborhood growth, this property offers strong upside potential. Two separate structures total 1,436 square feet of living area on a 7,200 square foot lot. The main residence features 2 bedrooms and 2 bathrooms, and the second structure includes a 1 bedroom, 1 bathroom unit ideal for in-law quarters or rental income. Renovated approximately 10 years ago, both structures include an updated roof, impact windows, water heater, and central AC systems. A modern aluminum gate provides added privacy and curb appeal. Zoning allows potential conversion to T5-O (buyer to verify), offering flexibility for investors, end-users, or future redevelopment.
Facts
- MLS#
- A11969167
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 7,200 ft²
- Sq. Ft.
- 1,080 ft²
- Sq. Mt.
- 100 m²
- Price per sq. ft.
- $625/ft²
- Price per sq. mt.
- $6,750/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 22 days
- Listed
- Feb 25, 2026
- Last Updated
- May 1, 2026
- Price/Lot Sq.Ft.
- $94/ft²
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
35
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).
| 5/1/2026 | Sold | $675,000 |
| 2/25/2026 | Listed for sale | $675,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Lovely Stars Academy 2PK,TK,KG,1,2,3,4 · private · 0.6 mi
Lovely Star AcademyPK,TK,KG,1,2,3,4 · private · 0.9 mi
Summerville Advantage AcademyKG,1,2,3,4,5 · charter · 1.0 mi
Goulds Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.2 mi
Somerset Academy (Silver Palms)KG,1,2,3,4,5,6,7,8 · charter · 1.5 mi
Somerset Academy Charter High School (South Campus)9,10,11,12 · charter · 1.5 mi
Palm Glades Preparatory Academy High School9,10,11,12 · charter · 1.7 mi
Palm Glades Preparatory Academy6,7,8 · charter · 1.7 mi
Somerset Academy Charter High School9,10,11,12 · charter · 1.7 mi
Coconut Palm K-8 AcademyPK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
Estimated Monthly Payment
$4,305/mo
Principal & Interest
$3,593
Property Tax
$563
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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