722 / 724 NW 53rd St
Miami, FL 33127
$850,000
$1,284/ft²
About this home
Prime Miami development opportunity in one of the city’s most dynamic growth corridors. Located at 722/724 NW 53rd Street, this rare 11,520-square-foot property features two detached units and offers exceptional flexibility for investors, builders, or end users looking to create long-term value. Zoned T3-L, the site provides a strong foundation for future redevelopment, expansion, or repositioning, subject to buyer due diligence and local approvals. With an oversized lot, existing structures, and a central Miami location, this property is a blank canvas for a visionary buyer seeking upside in a rapidly evolving area. Ideally positioned with convenient access to the Miami Design District, Wynwood, Little River, Midtown, Downtown Miami, and the beaches, the property sits near some of Miami’s most active cultural, residential, and commercial destinations. Whether your goal is redevelopment, income potential, or land banking in a high-demand market, 722/724 NW 53rd Street delivers location, lot size, and opportunity. Bring your vision and unlock the possibilities in the heart of Miami.
Property details
Listing
- MLS #
- A12055381
- Status
- For sale
- Listed on
- Jul 20, 2026
- Days on market
- 20 days
- Listing data updated
- Jul 22, 2026
Interior
- Beds
- 4
- Baths
- 2
- Living area
- 662 ft²
- Price per ft²
- $1,284/ft²
Building & community
- Type
- Single-family home
- Year built
- 1943
- County
- Miami-Dade
Lot & exterior
- Lot size
- 11,520 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $4,298
- Property taxes (est.)
- $779
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$5,677*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$4,298/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Canvas Real Estate.
Desiree Faulkner · 786-351-3100 · dfaulkner3197@outlook.com · 954-332-7121
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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