255 Northwest 53rd Street

Miami, FL 33127

$320,000
Last Sold Price
Beds
880 Sq. Ft.
$364 / Sq. Ft.
880
Sq. Ft.
$364
per Sq. Ft.

Description

Cash flowing investment property with huge upside potential in Buena Vista. This Low maintenance duplex sits directly across the street from a park, and only blocks away from the Upper Buena Vista Market, Design District and other major developments. Recently updated with new ACs, Appliances, and more the two 1 bed 1 bath units sit side by side and each rented for $950 monthly. The 7,500 sqft lot is zoned T-4 and would allow for additional units to be built. Cash flow this while you plan and build...Cash flowing investment property with huge upside potential in Buena Vista. This Low maintenance duplex sits directly across the street from a park, and only blocks away from the Upper Buena Vista Market, Design District and other major developments. Recently updated with new ACs, Appliances, and more the two 1 bed 1 bath units sit side by side and each rented for $950 monthly. The 7,500 sqft lot is zoned T-4 and would allow for additional units to be built. Cash flow this while you plan and build more units to grow. Seller has done some preliminary design options for 4 and 5 units available upon request. Tenants pay their own Electric. Owner pays Property Taxes, Insurance and Water.

Listing Agent

  1. Jesse Spencer

    Jesse Spencer

    Alternative Listing Agent

    Compass

Property Details for 255 Northwest 53rd Street

Subdivision
RAILWAY SHOPS ADDN 2ND AM
Style
Duplex
Waterfront
No
Area
31
Auction
No
Num Stories
1
Sq Ft Total
950
Sq Ft Liv Area
880.0

Location

Sold By Simpson Associates of Florida

Add your commute
LISTING UPDATED: 10/05/2020 03:42 PM

Property Details for 255 Northwest 53rd Street

StatusClosed
MLS #A10791380
Days on Market111
Taxes$4,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1952
Lot Size-
CountyMiami-Dade County

Location

Sold By Simpson Associates of Florida

Add your commute

Building Information for 255 Northwest 53rd Street

Stories-Residences-Year Built1952Building Size-Lot Size-

Payment Calculator

$2,138 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,746

Property Taxes

$392

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 255 Northwest 53rd Street

Location Information
Location Information
  • Parcel Number Free Text: 01-31-24-013-2240
  • Parcel Number MLX: 2240
  • MLS Area: 31
  • Municipal Code: 1
  • Township Range: 31
  • Section: 24
  • Subdivision Number: 13
  • Subdivision Complex Bldg: RAILWAY SHOPS ADDN 2ND AM
  • Unit Count: 1
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 2
General Information
  • Property Type Information: Attached
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2019
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Information Available: Rent Rolls

Property History for 255 Northwest 53rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 255 Northwest 53rd Street

Taxable ValueLand-Additions-Total-
Tax Record2023$760 ($63 / month)
Home Facts
Total Finished SqFt880 SqFtAbove Grade Finished SqFt880 SqFtStories1Lot Size7,200 SqFtStyleDuplexYear Built1952Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-3124-013-2240

Schools near 255 Northwest 53rd Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Shadowlawn Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.