Atlantic Luxury Advisors
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31 photos

111 53rd St

Miami, FL 33127

$1,169,000
5
3
1,578 sq ft
7,200 sq ft
1954
Single Family Residence
122
Active

Listing courtesy of Compass Florida, LLC (Stefan Segall). Contact: [email protected].

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.

Virtual tour
What it costs to own
Estimated monthly payment
$8,382/mo
Principal and interest
$5,911
Property tax
$1,738
Homeowners insurance
$733
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$20,855/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.