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111 NW 53rd St, Miami FL 33127
About this home
Turnkey, fully permitted, and INCOME PRODUCING, this newly renovated 5-bedroom, 3-bath home offers immediate upside for investors, tenants, or end users. Located just minutes from the Design District, the property features a functional open layout with generous living spaces, a modern kitchen with sleek appliances and cabinetry, and updated finishes throughout the home. The backyard is designed for entertaining with an above-ground pool, hot tub, basketball court, and covered dining area with space to grill and gather. With strong monthly revenue and financials available upon request, this move-in ready home presents a compelling opportunity in one of Miami’s hottest neighborhoods.
Features
- First Floor Entry
- Built-in Features
- Recreation Room
- Barbeque
- Lighting
- Other
- Pool
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,911
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.