Price Check
How this price compares
- Asking price
- $1,169,000
- Price per sq ft
- $741
- Original price
- Unchanged
- Days on market
- 129
This 5-bedroom single-family home in Railway Shops Addn 2nd Am went under contract with an asking price of $1,169,000, or $741 per square foot. It spent 129 days on the market before going under contract.
Estimated monthly payment
$6,144 /mo
Principal and interest only, based on $233,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,169,000
- Days on Site
- 129 Days
- Bedrooms
- 5
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,578 sqft
- Total Sq Ft
- 1,578 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1954
- Property Type
- Single Family
- MLS #
- A12022094
- Property Tax
- $11,624 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- Development
- RAILWAY SHOPS ADDN 2
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Turnkey, fully permitted, and INCOME PRODUCING, this newly renovated 5-bedroom, 3-bath home offers immediate upside for investors, tenants, or end users. Located just minutes from the Design District, the property features a functional open layout with generous living spaces, a modern kitchen with sleek appliances and cabinetry, and updated finishes throughout the home. The backyard is designed for entertaining with an above-ground pool, hot tub, basketball court, and covered dining area with space to grill and gather. With strong monthly revenue and financials available upon request, this move-in ready home presents a compelling opportunity in one of Miami’s hottest neighborhoods.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1954
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway / Paver Block / On Street
- Direction Faces
- South
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 1,578
- Total Sq Ft
- 1,578
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Tile / Vinyl
- Interior Features
- Built In Features / Bedroom On Main Level / Separate Shower
- Total Rooms
- 1
Exterior Features
- Construction
- Other
- Roof
- Shingle
- Exterior Features
- Barbecue / Lighting / Outdoor Living Area / Other
- Private Pool
- Yes
- Pool Features
- Above Ground
- Patio & Porch
- Patio
- View
- Pool
Community & HOA
- Association Amenities
- Sidewalks
- Community Features
- Street Lights
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2310
Schools
- Elementary School
- Shadowlawn
- Middle School
- Jose De Diego
- High School
- Miami Edison
About the Community
Railway Shops Addn 2nd Am is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $899,900 to $1,800,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Railway Shops Addn 2nd Am and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Median List Price
- $1,190,000
- Median $/Sq Ft
- $656
- Avg Days on Market
- 117
Frequently Asked Questions
- How do I schedule a tour of 111 NW 53rd Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 111 NW 53rd Street, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 111 NW 53rd Street, Miami, FL 33127 still available?
- 111 NW 53rd Street, Miami, FL 33127 is currently listed as Under Contract, and has been on the market 129 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 111 NW 53rd Street, Miami, FL 33127?
- With 20% down ($233,800) on the $1,169,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 111 NW 53rd Street, Miami, FL 33127 is about $6,144/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 111 NW 53rd Street, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 111 NW 53rd Street, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 111 NW 53rd Street, Miami, FL 33127?
- 111 NW 53rd Street, Miami, FL 33127 is zoned for Shadowlawn (elementary), Jose De Diego (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 111 NW 53rd Street, Miami, FL 33127?
- Often, yes. The right offer on 111 NW 53rd Street, Miami, FL 33127 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,169,000
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Listed by Stefan Segall, Compass Florida, LLC
Map & Location
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Recent Sales
Recently sold homes in Railway Shops Addn 2nd Am
These are the last 6 recorded closings in Railway Shops Addn 2nd Am, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on June 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$550,000
Sold · June 16, 2026
598 NW 53rd Street
2 bed · 1 bath · 948 sqft · $580/sqft
$48,000 under the asking price
Sold$850,000
Sold · June 13, 2026
95 NW 52nd Street
4 bed · 3 bath · 1,833 sqft · $464/sqft
$49,900 under the asking price
Sold$625,000
Sold · June 4, 2026
424 NW 53rd Street
3 bed · 1 bath · 1,172 sqft · $533/sqft
$24,000 under the asking price
Sold$590,000
Sold · June 1, 2026
70 NW 53rd Street
0 bed · 0 bath
$60,000 under the asking price
Sold$630,000
Sold · May 1, 2026
61 NW 53rd Street
3 bed · 3 bath · 1,080 sqft · $583/sqft
$45,000 under the asking price
Sold$560,000
Sold · April 28, 2026
80 NW 53rd Street
4 bed · 2 bath · 1,634 sqft · $343/sqft
$55,000 under the asking price
See every recorded sale in Railway Shops Addn 2nd Am or find out what your Railway Shops Addn 2nd Am home is worth.
