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Railway Shops Addn 2 Nd Am

$819,000

128 NW 53rd St, Miami, FL 33127

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.

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