RAILWAY SHOPS ADDN 2ND AM

61 NW 53rd St, Miami FL 33127

3 beds · 3 baths · 1,080 ft²

Closed

$675,000

Est. Payment $3,593/mo

MLS Sheet Video

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

100/100
Buyers marketSellers market

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).

5/1/2026Sold$675,000
2/25/2026Listed 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

61 NW 53rd St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$4,305/mo

Principal & Interest

$3,593

Property Tax

$563

Insurance

$150

HOA

$0

20% ($135,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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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.

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Updated within 24 hours

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