Premier Brokers International
5501 NW 2nd Avenue, Miami, FL 33127
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12033069
$799,000

↓ Price reduced $91,000 on Nov 1, 2026

5501 NW 2nd Avenue, Miami, FL 33127

Beds
3
Baths
2
Sqft
1,680
Est. payment$4,647/mo
Home type
Single Family Residence
Year built
1924
Lot size
4,356 sqft
Price / sqft
$476
HOA
$0/mo
Community
RAILWAY SHOPS ADDN 1ST AD

Property description

This T5-L zoned property is an unmatched find for developers or owner-users seeking a flagship presence. 4,300 Sq. Ft. Lot and a property of 1,680 Sq. Ft. The site sits adjacent to a major planned corner development that will introduce high-end retail, a curated café, and destination dining, ensuring a consistent flow of sophisticated clientele to your doorstep. Capitalize on the area's transition toward high-density mixed-use, with flexible zoning that supports a sophisticated integration of retail, office, and residential units. This asset provides immediate carry while you finalize your architectural plans. Located just minutes from the Design District and Wynwood, this is where Miami’s next chapter is being built. Secure a premier land acquisition in a high-growth corridor directly benefiting from the upscale transformation of the 55th St and 2nd Ave axis.

Listing activity

Days on market
146
Listed
Jun 8, 2026
MLS listing updated
Nov 1, 2026
Feed last checked
6 minutes ago

Listed by Carlos Guzon Michaels · Related General Realty, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2

Rooms & features

Rooms
1
Interior features
Other
Flooring
Concrete, Terrazzo, Tile
Appliances
Dishwasher

Heating & cooling

Heating
Other
Cooling
Central Air
Property

Parking

Garage spaces
3
Garage
Yes
Covered spaces
3
Parking features
Driveway
Attached garage
No

Exterior

Stories
1
Exterior features
Other
Pool
No
Waterfront property
No

Lot

Lot size
4,356 sqft
Lot size (acres)
0.1 acres
Lot dimensions
4300
Zoning
6107
Construction

Type & style

Home type
Single Family Residence
Year built
1924

Materials

Construction
Other
Roof
Other
Levels
One
Faces
West
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Sewer Available
Community & HOA

Community

Subdivision
RAILWAY SHOPS ADDN 1ST AD
MLS area
2310
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
Other
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33127
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12033069
Possession
Negotiable
Original list price
$950,000
Parcel number
0131130590060
Annual property tax
$1,212
Tax year
2025
Tax legal description
RAILWAY SHOPS ADDN 1ST ADDN PB 3-200 LOT 7 LESS W13FT FOR R/W BLK 1 LOT SIZE 50.00 X 86 OR 20880-0690 1202 4
Additional MLS details

Reported by the listing source

Association Amenities
Other
Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Construction Materials
Other
County Or Parish
Miami-Dade
Days On Market
146
Direction Faces
West
High School
Miami Edison
List Price
799000
Listing Contract Date
2026-06-08
Living Area
1680
Lot Size Acres
0.1
Lot Size Area
4300
Lot Size Dimensions
4300
MLSArea Major
2310
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-06-08
Photos Count
4
Postal Code
33127
Price Change Timestamp
2026-11-01T15:10:39Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
1
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-08T04:00:00Z
Stories Total
1
Subdivision Name
RAILWAY SHOPS ADDN 1ST AD
Water Source
Public
Tax Annual Amount
1212
Bathrooms Full
2
Pool Private
No
Bedrooms Total
3
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 8, 2026ListedMIAMI REALTORS® MLS$950,000$565/sqft
Nov 1, 2026Price reducedMIAMI REALTORS® MLS$799,000$476/sqft

Public tax history

YearProperty taxesAssessment
2025$1,212—

Payment calculator

Estimated monthly payment$4,647/moIllustrative estimate, not a loan offer.
Principal & interest
$4,146
Property taxes
$101
Insurance
$400
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

RAILWAY SHOPS ADDN 1ST AD

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Jose De DiegoMiddle
—
Miami EdisonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Related General Realty, LLC.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.