Railway Shops, 70 NW 53rd St
0.17
Acre
Status
Active
Size
0.17 Acres (669 m2)
Price
$3,823,529/Acre ($972/m2)
Type
Land
MLS Number
A11575566
On Site
726 Days
Updated
16 Days ago
Page Views
0
This 8,150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging “Beverly Hills of Miami.” The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design ... Read more
Features
All features
- Property SqFt: 7200
- Remarks: This 8, 150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging “Beverly Hills of Miami.” The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design District’s global luxury retail and dining scene, with walkable proximity to Wynwood and Magic City. The neighborhood is undergoing accelerated gentrification, driving a rapid transition toward high-end residential product. A development project is near approval, though the property is sold as-is, offering flexibility for developers or end users to execute a custom luxury vision at a price point that is increasingly scarce in
- Internet Remarks: This 8, 150 SF T3 development lot is located in the Buena Vista / Design District corridor, widely regarded as the emerging “Beverly Hills of Miami.” The area is defined by ultra-luxury residences, iconic modern architecture, and immediate access to the Design District’s global luxury retail and dining scene, with walkable proximity to Wynwood and Magic City. The neighborhood is undergoing accelerated gentrification, driving a rapid transition toward high-end residential product. A development project is near approval, though the property is sold as-is, offering flexibility for developers or end users to execute a custom luxury vision at a price point that is increasingly scarce in
- Waterfront: No info
- Directions: Northwest
- Days on Market: 700
- Compass Point: NW
- Office Name: Optimar International Realty
- Area: 7200
- Taxes: 10330
- Tax Year: 2023
- Listing Date: 2024-04-30T17:11:22.000-00:00
- Lot Size Square Feet: 7200
Apples-to-Apples Comparables
THINKING OF SELLING
IN Railway Shops at Miami?
IN Railway Shops at Miami?
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pricing strategy and targeted marketing plan
Price History
04/10/2026
Date
Price Reduced
Event
$650K
Price
-12.16%
Change Rate
$90 ft2 / $972 m2
Price Per
01/12/2026
Date
Price Reduced
Event
$740K
Price
-17.69%
Change Rate
$103 ft2 / $1,106 m2
Price Per
04/25/2025
Date
Price Increased
Event
$899K
Price
12.52%
Change Rate
$125 ft2 / $1,344 m2
Price Per
11/29/2024
Date
Price Reduced
Event
$799K
Price
-26.7%
Change Rate
$111 ft2 / $1,195 m2
Price Per
10/18/2024
Date
Price Increased
Event
$1.1M
Price
28.39%
Change Rate
$151 ft2 / $1,630 m2
Price Per
05/15/2024
Date
Price Reduced
Event
$849K
Price
-5.56%
Change Rate
$118 ft2 / $1,269 m2
Price Per
04/24/2024
Date
Listed
Event
$899K
Price
$125 ft2 / $1,344 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Rosa Poler • Optimar International Realty • Buyer Agency Compensation .
Listing Location & Street View
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