RAILWAY SHOPS ADDN 2ND AM

414 NW 53 Street, Miami FL 33127

2,468 ft²

Closed

$825,000

Est. Payment $4,391/mo

MLS Sheet Video

2,468

Sq. Ft.

1926

Year Built

2

Stories

157

Days on Market

Description

Beautifully remodeled, inside and outside, gated QUADPLEX in Buena Vista West zoning T30 (only four unit building allowed). CAP RATE is 7%! All units are 2 bed /1 bath each unit has their own washer and dryer inside the unit. JUST FINISHED REMODEL with new Kitchen, wall A/C, appliances, and tiled floors. Lot size is 7200 sq. ft. QUADPLEX is centrally located near Wynwood Design District, less than a mile from the Magic City Innovation Center ( revitalized programs for local neighborhoods to create a world class destination), major highways, universities and public transit. Great opportunity for investment in a growing location.

Facts

MLS#
F10265902
Subdivision
RAILWAY SHOPS ADDN 2ND AM
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1926
Lot Size
0 sqft
Sq. Ft.
2,468 ft²
Sq. Mt.
229 m²
Price per sq. ft.
$334/ft²
Price per sq. mt.
$3,603/m²
Stories
2
Garage
Pool
Days on Market
157 days
Listed
Jan 10, 2021
Last Updated
May 23, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

July 2026

100/100
Buyers marketSellers market

45

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).

5/23/2026Sold$825,000
1/10/2021Listed for sale$825,000

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

Estimated Monthly Payment

$5,228/mo

Principal & Interest

$4,391

Property Tax

$688

Insurance

$150

HOA

$0

20% ($165,000)
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

Hablo Español

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