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1786 NW 53rd St
Miami, FL 33142
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Stabilized Cash-Flow Asset Fully rented duplex generating $3,300/month in-place income, offering immediate returns from day one.
- Strong Value-Add Potential Current rents are below market, with projected upside to $3,600+/month, creating a clear path to increased NOI and equity.
- Ability to quickly adjust rents to market or reposition tenant mix for increased returns.
- Major Capital Improvements Completed Features a new 2025 tile roof (permitted) & impact windows & doors significantly reducing near term capex.
- Separate Utility Meters = Higher Net Income Individually metered water and electric allows for expense control and improved operating efficiency.
- Solid Construction & Key System Upgrades Concrete block structure, PVC plumbing replacement, updated bathrooms, & relatively newer A/C units(~3 years)
Executive Summary
Great income-producing duplex opportunity in Miami’s 33142 submarket.
1786 NW 53rd St is a fully rented 2-unit property comprised of two 1-bedroom / 1-bath units with 936 SF of living area on a 5,000 SF lot, originally built in 1957. Public listing data highlights major recent capital improvements including a brand-new 2025 tile roof with permits and new impact windows and doors with permits, along with concrete block construction. Public marketing also notes the property is near a bus stop and positioned for convenient access to the urban core.
The property is currently rented at approximately $1,750/month and $1,550/month, for a total of $3,300/month in gross income, with one unit reportedly month-to-month. Seller-provided/marketing information also indicates updated bathrooms, full PVC plumbing replacement, separate water and electric meters, wall A/C units replaced about 3 years ago, and 2 parking garages, making this an attractive option for investors seeking a stabilized small-bay multifamily asset with upside through rent optimization. Public listing remarks also reference market rents of $3,600+/month combined.
This offering should appeal to buyers looking for a well-maintained, permit-upgraded duplex with a combination of immediate cash flow, reduced near-term capex, and future rental upside. The neighborhood also appears within an Opportunity Zone per current commercial listing aggregators, which may increase investor interest, though buyers should independently confirm all zoning and tax-planning benefits.
1786 NW 53rd St is a fully rented 2-unit property comprised of two 1-bedroom / 1-bath units with 936 SF of living area on a 5,000 SF lot, originally built in 1957. Public listing data highlights major recent capital improvements including a brand-new 2025 tile roof with permits and new impact windows and doors with permits, along with concrete block construction. Public marketing also notes the property is near a bus stop and positioned for convenient access to the urban core.
The property is currently rented at approximately $1,750/month and $1,550/month, for a total of $3,300/month in gross income, with one unit reportedly month-to-month. Seller-provided/marketing information also indicates updated bathrooms, full PVC plumbing replacement, separate water and electric meters, wall A/C units replaced about 3 years ago, and 2 parking garages, making this an attractive option for investors seeking a stabilized small-bay multifamily asset with upside through rent optimization. Public listing remarks also reference market rents of $3,600+/month combined.
This offering should appeal to buyers looking for a well-maintained, permit-upgraded duplex with a combination of immediate cash flow, reduced near-term capex, and future rental upside. The neighborhood also appears within an Opportunity Zone per current commercial listing aggregators, which may increase investor interest, though buyers should independently confirm all zoning and tax-planning benefits.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,157 CAD | - |
| 1+1 | 1 | $2,435 CAD | - |
Property Taxes
| Parcel Number | 01-3122-051-0111 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $354,714 CAD |
Property Taxes
Parcel Number
01-3122-051-0111
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$354,714 CAD
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