414 53rd Street
Miami, FL 33127

Property

Ownership: For Sale
Type: Unknown
Area: 2752 sq ft

Financials

Price:$1,500,000
Annual Taxes:$5,600
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Realty One Group Royal Oaks

Excellent investment opportunity just minutes from the vibrant Miami Design District.

Description

Excellent investment opportunity just minutes from the vibrant Miami Design District. This recently remodeled fourplex sits on an oversized lot with an expansive footprint of land, offering immense long-term value, future development potential, and immediate cash flow. All four units are fully leased and 100% occupied, providing a stabilized, turn-key asset from day one in one of Miami's highest-demand rental corridors. Each unit features beautiful modern updates, contemporary kitchens, and upgraded bathrooms that command top-tier market rents. Positioned on a rare, generous parcel of land that provides ample space for private tenant parking or outdoor amenities, this premier multi-family property represents the perfect combination of immediate rental yield and strong land-residual appreciation on the border of a world-class luxury retail and dining hub.

Amenities

  • Cable - Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.