
MIAMI REALTORS® MLS↓ Price reduced $91,000 on Nov 1, 2026
5501 NW 2nd Avenue, Miami, FL 33127
- Beds
- 3
- Baths
- 2
- Sqft
- 1,680
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Jun 8, 2026 | ListedMIAMI REALTORS® MLS | $950,000$565/sqft |
| Nov 1, 2026 | Price reducedMIAMI REALTORS® MLS | $799,000$476/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $1,212 | — |
Payment calculator
- 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 ADMiami · Miami-Dade County · 33127
Climate risk
—No licensed climate-risk source is connected.
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