551 NE 53rd Street, Miami FL 33137, MIAMI, FL, 33137
Active65 days on marketListed Jun 14, 2026MLS #B26040959
About this home
551 NE 53rd Street, Miami FL 33137
JUST REDUCED! Located in one of Miami's premier, gated, upper East side historic community of Morningside. This charming single family ranch home features a mix of classic, and modern architectural style. The home boasts an aluminum roof, impact windows & doors throughout, and an open, light, and bright layout. Three bedroom split floor plan with two full bathrooms, finished walk in closets, interior laundry, an open kitchen with gas cooktop, ss appliances, and a delightful mix of wood and tile flooring. The backyard is fully fenced, so enjoy your afternoon sunbathing on the large raised deck extending out of the Florida room, and refresh yourself by jumping into your private salt water swimming pool. Located a short distance from beautiful Morningside Park.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,795
Sqft
0.19 ac
Lot size
1951
Year built
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$218 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$218/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$4 vs $508
Days on market
65 vs 66 typical
Where $4/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 98% below the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 551 NE 53rd Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$880,000
3250 NE 1st Ave # 1115, Miami FL 33137
2 bd · 2 ba · 1,746 sqft · $504/sqft · 75 DOM
Sold · Aug ’25$1,850,000
650 NE 32nd St # 4101, Miami FL 33137
4 bd · 4.5 ba · 1,872 sqft · $988/sqft · 64 DOM
Sold · Dec ’25$1,270,000
480 NE 31st St # 4207, Miami FL 33137
3 bd · 3 ba · 1,649 sqft · $770/sqft · 202 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 551 NE 53rd Street — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 551 NE 53rd Street — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
551 NE 53rd Street FAQs
What would the monthly payment be for 551 NE 53rd Street, Miami FL 33137?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $218/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 551 NE 53rd Street, Miami FL 33137?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $8,000, this home is listed about 99% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 551 NE 53rd Street, Miami FL 33137?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MIAMI 33137 market on paper
$8,000 is 98% below the MIAMI 33137 median of $469,900, and at $4/sqft it sits under the Miami average of $651.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $8,500, now $8,000 — a $500 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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