Railway Shops Addn 2 Nd Am
$819,000
128 NW 53rd St, Miami, FL 33127
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 01/09/2026
54,612
NOI
2,805 sqft
Building Size
Details:
NOI: $54,612
Building Size: 2,805 sqft
Units: 2
Year Built: 1930
Floors: 1
Parking Spots: 2
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Rent Rolls
- Architectural Style: Detached
- Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating: Central
- Flooring: Tile
- Construction Materials: Concrete Block Construction
Description:
Investor & Developer Multi-Family Alert! Ddon’t miss this opportunity - a comparable property on the same street just sold for significantly more. Fully rented duplex with two additional units producing over $7,200/month plus $150/month from coin laundry. Zoned T4-R on a 7,200 SF lot in a NO FLOOD ZONE, offering strong cash flow, stabilized tenants, and future redevelopment potential. Features a 3-bed/1-bath main house with new central A/C and three 1/1 units. Two-year-old roof. Minutes from Design District, Wynwood, Midtown, and Brickell in a rapidly developing corridor where —don’t miss this opportunity. Do not disturb tenants. Gated property; showings by appointment only.
Location
Gallery