560 NW 53rd St, Miami, FL, 33127
About This Home
Exceptional development opportunity in one of Miami’s fastest-growing corridors! This 2-bed/1-bath home sits on a 7,200 SF lot with highly desirable T3-O zoning, allowing for the construction of one duplex. Architectural floor plans are completed and ready to be submitted to the City, giving developers and investors a head start on the permitting process. The property is partially remodeled and currently rented, offering immediate income while planning your project. Whether you hold, improve, or build new, this property presents a rare chance to secure a large lot in a prime urban core neighborhood. Do not miss this opportunity!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Roof: Shingle
- Construction materials: Frame With Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Microwave,Refrigerator,Self Cleaning Oven,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Electric
Interior Area
- Total structure area: 1,075
- Total interior livable area: 1,050 sqft
Property
Details
- Parcel number: 0131240132520
- Zoning: 5700
Features
- Stories: 1
- Pool features: R30-No Pool/No Water
- Exterior features: None
- Has view: Yes
- View description: Other
Lot
- Lot size: 7,200 sqft
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 2
- Parking features: Driveway
- Covered spaces: 2
- Has uncovered spaces: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $146 | $1,752 |
| Property Taxes | $1,165 | $13,980 |
| Electricity | $197 | $2,366 |
| Total | $4,536 | $54,432 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $599,000 |
| 2025-12-09 | Listed for sale | $499,000 |
| 2024-01-26 | Listing removed | -- |
| 2023-12-18 | Listed for rent | $2,600 |
| 2023-10-06 | Listing removed | -- |
| 2023-10-04 | Listed for rent | $2,700 |
| 2023-10-02 | Listing removed | -- |
| 2023-08-24 | Listed for rent | $2,700 |
| 2018-02-21 | Sold | $17,500 |
| 2017-11-30 | Pending sale | $180,000 |
| 2017-11-13 | Listed for sale | $180,000 |
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