RAILWAY SHOPS ADDN 2ND AM
598 NW 53rd St, Miami FL 33127
2 beds · 1 baths · 948 ft²
$598,000
Est. Payment $3,183/mo
2
Bedrooms
1
Bathrooms
948
Sq. Ft.
1949
Year Built
16
Days on Market
Description
Prime Investment & Development Opportunity in Miami’s Urban Core! Situated on an oversized 8,312 sq ft corner lot, this updated 2-bedroom, 1-bath home with den/Florida room offers exceptional value and future potential. Zoned T3-O (Miami 21), allowing for duplex development and offering flexibility for expansion or future redevelopment (buyer to verify with city) Property features a 2-year-old roof, impact windows and doors, updated electrical and plumbing, new kitchen, new flooring! This property presents incredible opportunities for expansion, income production, or redevelopment. Whether you’re an investor looking to maximize returns or a homeowner seeking to build equity, this property checks all the boxes. Conveniently located with quick access to Interstate 95 and just minutes from Wynwood, the Design District, and Downtown Miami.
Facts
- MLS#
- A12002820
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 8,312 ft²
- Sq. Ft.
- 948 ft²
- Sq. Mt.
- 88 m²
- Price per sq. ft.
- $631/ft²
- Price per sq. mt.
- $6,795/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 16 days
- Listed
- Apr 20, 2026
- Last Updated
- Jun 18, 2026
- Price/Lot Sq.Ft.
- $72/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
48
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).
| 6/18/2026 | Sold | $598,000 |
| 4/20/2026 | Listed for sale | $598,000 |
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.
Lakewood Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.6 mi
- Touched By Grace Academy
4,5,6,7,8,9,10,11,12 · private · 1.7 mi
- Indian River Academy
PK,KG,1,2,3,4,5 · public · 1.9 mi
- Osceola Magnet School
KG,1,2,3,4,5 · public · 2.9 mi
- Oslo Middle School
6,7,8 · public · 3.8 mi
- Treasure Coast Montessori
PK,KG · private · 3.9 mi
- Tabernacle Baptist Christian School
KG,1,3,4,5,6,7,8 · private · 4.2 mi
- Tabernacle Christian School
KG,1,2,3,4,5,6,7,8 · private · 4.2 mi
- Destined for Greatness Christian Academy
KG,1,2,3,4,5,6,7,8 · private · 5.0 mi
- Kilpatrick Christian Academy
KG,1,2,3,4,5,6,7 · private · 5.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,831/mo
Principal & Interest
$3,183
Property Tax
$498
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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