Home » Properties » 247 NW 54th St, Miami FL 33127

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Fully Renovated Duplex Near Wynwood & Design District

Spacious duplex with two 3-bed, 2-bath units plus a studio on a 6,650 sqft lot in Miami’s vibrant 33127 area.

$1,350,000

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MLS #A11767651

Listing Updated: 2026-07-14 12:43:56

Listed By: FIP Realty Services, LLC

Overview

This fully renovated duplex at 247 NW 54th St offers a rare opportunity in Miami’s sought-after 33127 zip code. Situated on a generous 6,650 sqft lot, the property features two large 3-bedroom, 2-bath units alongside a separate studio, providing versatile living or rental options. Recent upgrades include modern tile flooring, impact windows and doors, a new roof, updated electrical and plumbing systems, and a brand-new air conditioning unit. With over 2,700 sqft of living space and T5-0 Commercial zoning, this property balances residential comfort with potential commercial flexibility, all just minutes from Wynwood and the Miami Design District.

Property Highlights

Two spacious 3-bedroom, 2-bath units; separate studio; fully renovated; impact windows and doors; new roof; updated electrical and plumbing; new AC; 6,650 sqft lot; T5-0 Commercial zoning; close to Wynwood and Miami Design District.

Property Details

City: Miami

State: FL

Zip Code: 33127

Address: 247 NW 54th St, Miami FL 33127

Year Built: 1926

Property Type: Residential Income

Property Sub Type: Duplex

Listing Office Name: FIP Realty Services, LLC

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $2,500

Days On Market: 443 Days

Original Listing Description

Don't miss this incredible opportunity to own a fully renovated duplex just 5 minutes from Wynwood and the Miami Design District. This 6,650sq ft lot property features two spacious 3-bedroom, 2-bath units and a separate studio. New upgrades include modern finishes, tile flooring throughout, impact windows and doors, a new roof, updated electrical and plumbing, and a brand-new AC. With over 2700sqft of living space and a rare T5-0 Commercial zoning.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

247 NW 54th St, Miami FL 33127

About This Neighborhood

Located in Miami’s 33127 area, this property benefits from close access to Wynwood and the Miami Design District, neighborhoods known for their dynamic arts scenes, trendy dining, and boutique shopping. The area blends residential charm with urban energy, offering a unique lifestyle that appeals to a diverse community. Its central location provides convenient connections to downtown Miami and other key city hubs, making it a desirable spot for residents and visitors alike.

Walkability & Lifestyle

This property enjoys a walkable location near Wynwood and the Miami Design District, where residents can explore numerous restaurants, cafes, galleries, and shops on foot. Nearby parks and waterfront areas provide outdoor recreation opportunities, while local amenities ensure daily convenience. The neighborhood’s pedestrian-friendly streets and vibrant street life enhance the living experience, making it easy to enjoy Miami’s cultural and social offerings without relying heavily on a vehicle.

Things To Do Nearby

Residents have access to a rich variety of activities including art galleries, trendy dining spots, and boutique shopping in Wynwood and the Miami Design District. Outdoor enthusiasts can enjoy nearby parks and waterfront spaces for walking, biking, and boating. The area also offers nightlife venues and cultural events, providing a well-rounded lifestyle with diverse entertainment options close to home.

Nearby Schools

Families considering this Miami property will find access to a range of educational options within reasonable distance. The 33127 area and surrounding neighborhoods offer public and private schools serving various grade levels, facilitating convenient daily commutes. The community’s educational infrastructure supports residents seeking quality schooling options alongside urban living, contributing to the area’s overall appeal for households with children.

Why Buyers Like This Area

Buyers appreciate this property’s combination of updated living spaces, flexible zoning, and prime location near Miami’s creative and commercial hubs. The spacious units and additional studio provide versatility for families or rental use. Its proximity to vibrant neighborhoods with strong cultural identities and convenient access to downtown Miami make it an attractive choice for those seeking an urban lifestyle with potential for multiple uses.

Investment Potential

This Miami duplex offers a compelling option for buyers seeking a property with flexible use due to its T5-0 Commercial zoning. The presence of two sizable 3-bedroom units plus a studio enhances its appeal for multi-family living or rental income potential. Its proximity to Wynwood and the Miami Design District attracts tenants and residents interested in vibrant urban lifestyles. The recent renovations reduce immediate maintenance concerns, making it an appealing choice for those looking to enter or expand in the Miami residential income market.

Market Trends

Miami’s residential income market continues to attract interest due to limited inventory and strong demand in vibrant neighborhoods like 33127. Properties with flexible zoning and recent renovations, such as this duplex, are particularly sought after. Buyers are drawn to areas offering a mix of cultural amenities and accessibility, supporting steady long-term appeal. Market conditions favor well-maintained multi-family homes near key lifestyle districts, reflecting ongoing urban growth and diversification.

Rental Income Potential

The duplex’s configuration with two 3-bedroom units and a separate studio makes it attractive for rental purposes, appealing to families, professionals, and creatives drawn to the Wynwood and Design District areas. The location’s popularity supports consistent tenant interest, especially given the recent upgrades that enhance comfort and efficiency. Seasonal demand and proximity to cultural hotspots may contribute to steady occupancy, though rental income can vary with market conditions and tenant preferences.