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414 NW 53rd St

Miami FL 33127

2752 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent investment opportunity just minutes from the vibrant Miami Design District. This recently remodeled fourplex sits on an oversized lot with an expansive footprint of land, offering immense long-term value, future development potential, and immediate cash flow. All four units are fully leased and 100% occupied, providing a stabilized, turn-key asset from day one in one of Miami's highest-demand rental corridors. Each unit features beautiful modern updates, contemporary kitchens, and upgraded bathrooms that command top-tier market rents. Positioned on a rare, generous parcel of land that provides ample space for private tenant parking or outdoor amenities, this premier multi-family property represents the perfect combination of immediate rental yield and strong land-residual appreciation on the border of a world-class luxury retail and dining hub.

Features

2752 sq. ft. floor area
Duplex

Property history for 414 NW 53rd St

2021
Sold
$805,000
30 Jun 2021 by Pavla Gibson, of RE/MAX Realty Associates
2018
Sold
$500,000
24 Sep 2018 by Patricia Vitale, of La Playa Properties Group Inc
2016
Sold
$325,000
16 Mar 2016 by Victor Delgado, of Contemporary Realty Inc

Happy sellers in Miami

94%
94% of sellers in Miami reported that their sale price either exceeded or met their price expectations.

Miami stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Miami over the last 12 months.

Local market activity for duplexes in Miami

In the last 12 months, 40 duplexes similar to 414 NW 53rd St, have been sold.

This represents a 2% decrease in duplexes sales when compared to the previous 12 months.

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