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.
For sale
Price cut: $20K (9/20)
$720,000
31 NE 53rd St, Miami, FL 33137
6beds
936sqft
Single Family Residence
Built in 1935
4,500 Square Feet Lot
$682,000 Zestimate®
$769/sqft
$-- HOA
What's special
Fully updated interiorSix bedroomsTwo bathroomsPlenty of on-site parkingShared laundry facilities
- 54 days
- 253
- 21
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rachel Kosmac 954-483-7681,
Berkshire Hathaway HomeService
Source: MIAMI,MLS#: A12069155
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Window/Wall
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Flooring: Tile, Vinyl
- Windows: Blinds
Interior area
- Total structure area: 1,518
- Total interior livable area: 936 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Other
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Patio
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Other
Lot
- Size: 4,500 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131240100130
- Zoning: 3900
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame With Stucco
- Roof: Flat Roof With Facade Front,Shingle
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Security: Smoke Detector
- Subdivision: Orchard Villa Track Addn
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $769/sqft
- Tax assessed value: $374,643
- Annual tax amount: $550,756
- Date on market: 8/18/2026
- Listing terms: All Cash
- Road surface type: Paved Road
Estimated market value
$682,000
$648,000 - $716,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2026 | Price change | $720,000-2.7%$769/sqft |
Source: | ||
| 8/18/2026 | Listed for sale | $740,000+2970.5%$791/sqft |
Source: | ||
| 11/20/2009 | Sold | $24,100+0.2%$26/sqft |
Source: Public Record Report a problem | ||
| 8/8/2009 | Listed for sale | $24,057-92.4%$26/sqft |
Source: Weichert Realtors #M1333447 Report a problem | ||
| 10/16/2008 | Listing removed | $315,000$337/sqft |
Source: Listhub #D1285265 Report a problem | ||
| 7/5/2008 | Listed for sale | $315,000$337/sqft |
Source: Listhub #D1285265 Report a problem | ||
| 9/20/2006 | Sold | $315,000+110%$337/sqft |
Source: Public Record Report a problem | ||
| 5/24/2004 | Sold | $150,000+72.4%$160/sqft |
Source: Public Record Report a problem | ||
| 3/15/2004 | Sold | $87,000+4042.9%$93/sqft |
Source: Public Record Report a problem | ||
| 7/10/2003 | Sold | $2,100-94.8%$2/sqft |
Source: Public Record Report a problem | ||
| 1/19/1999 | Sold | $40,000+381.9%$43/sqft |
Source: Public Record Report a problem | ||
| 8/16/1996 | Sold | $8,300$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,093 +10.6% | $241,701 +10% |
| 2024 | $5,508 +15.9% | $219,729 +10% |
| 2023 | $4,753 +12.9% | $199,754 +10% |
| 2022 | $4,210 +8.3% | $181,595 +10% |
| 2021 | $3,888 +2.1% | $165,087 +3.9% |
| 2020 | $3,808 +10% | $158,845 +10% |
| 2019 | $3,463 +38.5% | $144,405 +58.1% |
| 2018 | $2,500 | $91,349 +10% |
| 2017 | $2,500 +3.6% | $83,045 +10% |
| 2016 | $2,414 +26.6% | $75,496 +10% |
| 2015 | $1,906 -18.3% | $68,633 -20.3% |
| 2014 | $2,333 -4% | $86,112 +6.1% |
| 2013 | $2,430 | $81,185 -10.5% |
| 2012 | $2,430 +0.6% | $90,735 +1.3% |
| 2011 | $2,417 -14.7% | $89,539 -11.7% |
| 2010 | $2,833 -35.4% | $101,349 -42% |
| 2009 | $4,384 -21% | $174,778 -25.9% |
| 2007 | $5,549 +22.4% | $235,778 |
| 2006 | $4,533 | -- |
| 2005 | $4,533 +139.8% | -- |
| 2004 | $1,891 +100.1% | -- |
| 2002 | $945 | -- |
| 2001 | $945 | -- |
Find assessor info on the county website
Monthly payment
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