Single Family Residence
31 NE 53rd St
31 NE 53rd St, Miami FL 33137
$740,000
6 Beds · 2 Baths · 936 SqFt
See estimated monthly costThis listing is courtesy of Berkshire Hathaway HomeService. Rachel Kosmac
Overview
BUENA VISTA MULTI-USE PROPERTY & INVESTMENT OPPORTUNITY Currently operating as a PadSplit with rental income. Fully updated interior. All utilities are included in the rent. 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. Currently operating as a PadSplit with established rental income, 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.
Facts & features
Interior
- Living area (sq ft)
- 936
- Full bathrooms
- 2
- First Floor Entry
- Utility Room/Laundry
Building & exterior
- Year built
- 1935
- Lot size (sq ft)
- 4,500
- Other
- Driveway
HOA (homeowners association)
- Pets allowed
- Yes
- No Restrictions
Taxes
- Annual tax
- $550,756
- Tax year
- 2025
- Parcel number
- 01-31-24-010-0130
Listing
- MLS number
- A12069155
- Property type
- Single Family Residence
- Price per SqFt
- $791
- Subdivision
- ORCHARD VILLA TRACK ADDN
- On market since
- Aug 18, 2026
- Days on market
- 0
Estimated monthly cost
$50,193 per month
- Principal & interest (30 yr)
- $3,742
- Property tax
- $45,896
- Insurance (estimated)
- $555
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Toussaint L''ouverture Elementary
- Shadowlawn Elementary
- iTech@Thomas A. Edison Education Center
- Morningside Montessori School
- MDCPS Police Center
- Centner Academy - Preschool
- Miami Edison Senior High
- Clara Mohammed School Of Miami Florida
- The Cushman School
- Design & Architecture Senior High
- Ebenezer Christian Academy
- Sheyes of Miami Daycare III
- Sheyes of Miami Daycare I
- Academy of Excellence
- Edison Park K-8 Center
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