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Railway Shops, 70 NW 53rd St
Land in Miami, FL 33127

OverviewFeaturesTrue CompsPrice HistoryLocationSimilar Homes
Closed
$590,000
Estimate Payment
0.17
Acre
Status
Sold - Jun 01, 2026
Size
0.17 Acres (669 m2)
Price
$3,470,588/Acre ($882/m2)
Type
Land
MLS Number
A11575566
On Site
787 Days
Updated
20 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: 707
  • Closing Date: 2026-06-01
  • 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

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Price History

Current
$590K
High
$1.1M
Low
$590K
Total Change
34.4%
$1.2M$840K$530KApr 24May 24Oct 24Nov 24Apr 25Jan 26Apr 26Apr 26Jun 26Apr 26
Date
Event
Price
Change
Price Per
04/10/2026
Sold
$590K
0%
$82 ft2
$882 m2
06/01/2026
Price Reduced
$590K
0%
$82 ft2
$882 m2
04/10/2026
Price Reduced
$590K
-9.23%
$82 ft2
$882 m2
04/10/2026
Price Reduced
$650K
-12.16%
$90 ft2
$972 m2
01/12/2026
Price Reduced
$740K
-17.69%
$103 ft2
$1,106 m2
04/25/2025
Price Increased
$899K
12.52%
$125 ft2
$1,344 m2
11/29/2024
Price Reduced
$799K
-26.7%
$111 ft2
$1,195 m2
10/18/2024
Price Increased
$1.1M
28.39%
$151 ft2
$1,630 m2
05/15/2024
Price Reduced
$849K
-5.56%
$118 ft2
$1,269 m2
04/24/2024
Listed
$899K
 
$125 ft2
$1,344 m2
04/10/2026
$590K
Event
Sold
Change
0%
Price Per
$82 ft2
$882 m2
06/01/2026
$590K
Event
Price Reduced
Change
0%
Price Per
$82 ft2
$882 m2
04/10/2026
$590K
Event
Price Reduced
Change
-9.23%
Price Per
$82 ft2
$882 m2
04/10/2026
$650K
Event
Price Reduced
Change
-12.16%
Price Per
$90 ft2
$972 m2
01/12/2026
$740K
Event
Price Reduced
Change
-17.69%
Price Per
$103 ft2
$1,106 m2
04/25/2025
$899K
Event
Price Increased
Change
12.52%
Price Per
$125 ft2
$1,344 m2
11/29/2024
$799K
Event
Price Reduced
Change
-26.7%
Price Per
$111 ft2
$1,195 m2
10/18/2024
$1.1M
Event
Price Increased
Change
28.39%
Price Per
$151 ft2
$1,630 m2
05/15/2024
$849K
Event
Price Reduced
Change
-5.56%
Price Per
$118 ft2
$1,269 m2
04/24/2024
$899K
Event
Listed
Price Per
$125 ft2
$1,344 m2
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 .

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Community Snapshot
2 to 5 BR
Bedrooms
$599K to $3.5M
Price Tier
804 - 6,000
SqFt Range
1949
Year Build
1
Total Floors
N/A
Total Units
N/A
Total Sales

Miami
Mid-Tier
 Mid-Tier Homes & Condos

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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