Live Listing

31 NE 53rd Street

Miami, FL 33137 ORCHARD VILLA TRACK ADDN

List Price $740,000
PROPERTY DESCRIPTION

Property Description

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

Property Details

Listing Information

MLS ID
A12069155
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
6
Bathrooms
2
Living Area
936 sq ft
Lot Size
4,500 sq ft
Year Built
1935
Community
ORCHARD VILLA TRACK ADDN
County
Miami-Dade

Property Features

Appliances
Electric Water Heater, Dryer, Electric Range, Microwave, Refrigerator, Washer
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Heating
Window/Wall
Parking
Driveway
Waterfront
False
View
Other
Property Tax
$550,756 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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