Railway Shops Addn 2 Nd Am
$825,000
128 NW 53rd St, Miami, FL 33127
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 10/18/2025
44,904
NOI
2,805 sqft
Building Size
Details:
NOI: $44,904
Building Size: 2,805 sqft
Units: 6
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! Fully rented duplex with two additional units producing over $7,000/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. Property features a 3-bed/1-bath main house with new central A/C and 1-bed/1-bath units with efficient window A/Cs. 2 year 2-year-old roof. Prime location minutes from Design District, Wynwood, Midtown, and Brickell, surrounded by new multi-family and single-family developments. Please do not disturb tenants. The building is gated, and appointments only for showings.
Location
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