$750,000
Sold · March 4, 2026
128 NW 53rd Street
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $750,000
- Vs. list price
- 8.4% under
- Days on market
- 4
- Price per sq ft
- N/A
This multi-family property in Railway Shops Addn 2nd Am sold for $750,000 on March 4, 2026. That was 8.4% below its final list price of $819,000. It spent 4 days on the market.
Listing Snapshot
- Sold Price
- $750,000
- Sold On
- March 4, 2026
- Days on Site
- 4 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 2,805 sqft
- Year Built
- 1930
- Property Type
- Multi-Family
- MLS #
- A11940429
- Property Tax
- $11,365 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Sold
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1930
- Property Condition
- Resale
- Number of Stories
- 1
- Total Sq Ft
- 2,805
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Central Air / Ceiling Fans / Wall Window Units
- Heating
- Central / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
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
- Under Contract
- 3
- 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 128 NW 53rd Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 128 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 128 NW 53rd Street, Miami, FL 33127 still available?
- 128 NW 53rd Street, Miami, FL 33127 is currently listed as Sold, and has been on the market 4 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 128 NW 53rd Street, Miami, FL 33127?
- With 20% down ($163,800) on the $819,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 128 NW 53rd Street, Miami, FL 33127 is about $4,304/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 128 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 128 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 128 NW 53rd Street, Miami, FL 33127?
- 128 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 128 NW 53rd Street, Miami, FL 33127?
- Often, yes. The right offer on 128 NW 53rd Street, Miami, FL 33127 depends on how it's priced against comparable multi-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 Douglas Elliman
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 August 30, 2026.
$750,000
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Listed by David Nguah, Douglas Elliman
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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.
