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Railway Shops Addn 2 Nd Am

$1,500,000

414 NW 53rd St, Miami, FL 33127

Active
Last Updated: 10/23/2026

1,763 sqft

Building Size

4

Units

Details:
Building Size:    1,763 sqft
Units:    4
Year Built:    1926
Floors:    2
Parking Spots:    4
Gross Leaseable Area:    2,752
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: None
  • Cooling: Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Tile
  • Construction Materials: CBS Construction
Description:

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.

Map:
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