31 NE 53rd St

Single Family Home

31 NE 53rd St

$720,000

31 NE 53rd St, Miami, FL, 33137

31 NE 53rd St photo 1
1 / 28
1 / 28
LIST PRICE$720,000Price Reduced: -$20K
BEDROOMS6
BATHROOMS2
HOUSE sq ft936
LOT sq ft4,500

Take a closer look

HOA: request current costs · Last reported tax: $550,756/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$50,085/mo

Principal & interest$3,828
Property taxfrom listing$45,896
Homeowners insuranceestimate$360

$144,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

BUENA VISTA MULTI-USE PROPERTY & INVESTMENT OPPORTUNITY Currently operating as a PadSplit with rental income. Fully updated interior. Can be used as a single-family residence or investment property. Strategically located near Miami’s Design District and Wynwood, this 6-bedroom, 2-bathroom multi-use property presents an excellent opportunity for both residential use and investment in a rapidly evolving area surrounded by development, dining, art, entertainment, and urban amenities. The property offers an investor the opportunity to acquire an income-producing residential asset with an existing operating model. The fully updated interior features six bedrooms, with four bedrooms in the main house and two bedrooms in the garage apartment, along with two bathrooms, shared laundry facilities, and plenty of on-site parking. All utilities are included in the rent, making this a turnkey business opportunity to add to your portfolio. With its desirable location, flexible bedroom configuration, and proximity to major Miami destinations, Buena Vista offers versatility for either a single-family residence or an income-generating investment property in an area experiencing continued growth and redevelopment. Turnkey business opportunity to add to your portfolio. Buyer to independently verify all income, operating information, zoning, licensing, and PadSplit-related requirements.

Property Details

$720,000Price Reduced: -$20K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1935
Status
Active
MLS #
A12069155
Living Area
936 sq ft
$/Sq Ft (Living)
$769
Lot Size
4,500 sq ft
$/Sq Ft (Lot)
$160
Annual Taxes
$550,756
Days on Market
33

Notable Features

Scenic Views

Location Scores

Location

31 NE 53rd St, Miami, FL, 33137