406 NW 53 ST, Miami, FL 33127

406 NW 53 ST, Miami, FL 33127 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 2007 with 2,722 square feet of living space on a 7,200 square foot lot. The property is currently owned by CARLOS ARTURO LUNA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2010-03-18 for $130,000, when PMG MTG LENDING CO LLC sold to CARLOS ARTURO LUNA. The property has appreciated $63,000 (94%) since the prior sale of $67,000 on 2009-08-27. There are 3 recorded sales for this property.

The 2025 assessed value is $290,025 with a market value of $780,878. This breaks down to $496,800 for the land and $284,078 for the building. The assessed value increased 8% from $268,920 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $49,685, and the median home value is $657,900. The population density is 8,510 people per square mile. 406 NW 53 ST, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2007 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 223% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $48 per square foot — a key metric for comparing value across Miami's real estate market..