31 NE 53rd St, Miami, FL 33137

About 31 NE 53rd St, Miami, FL 33137

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.

How This Listing Compares in Miami

Per square foot, it is asking 94% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 31 NE 53rd St, Miami, FL 33137

Bathrooms Full

2

Bathrooms Half

0

Interior Features

First Floor Entry, Utility Room/Laundry

Appliances

Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Flooring

Tile, Vinyl

Heating

Window/Wall

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Architectural Style

Detached, One Story

Garage Spaces

0

Parking Features

Driveway, Other

Pool Private

No

Year Built Details

Effective Year Built

Direction Faces

South

The Building at 31 NE 53rd St, Miami, FL 33137

Building Name

ORCHARD VILLA TRACK ADDN

Building Area Total

1518

Building Area Units

Square Feet

Association

No

Security Features

Smoke Detector

Lot, Views & Construction at 31 NE 53rd St, Miami, FL 33137

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

4,500

Waterfront

No

View

Other

Construction Materials

Frame With Stucco

Roof

Flat Roof With Facade Front, Shingle

Sewer

Public Sewer

Water Source

Municipal Water

New Construction

No

Taxes & Public Record for 31 NE 53rd St, Miami, FL 33137

Parcel Number

01-31-24-010-0130

Tax Annual Amount

$550,756

Tax Year

2,025

Tax Legal Description

ORCHARD VILLA TR ADDN PB 7-84 LOT 16 LESS S5FT LOT SIZE SITE VALUE OR 18859-3251 10 1999 6 COC 24927-2904 09 2006 1

Zoning

3900

County Or Parish

Miami-Dade County

Map & Neighborhood