Single Family Residence
5501 NW 2nd Ave
5501 NW 2nd Ave, Miami FL 33127 Get directions
$890,000
3 Beds · 2 Baths · 1,680 SqFt
See estimated monthly costThis listing is courtesy of Related General Realty, LLC.. Carlos Guzon Michaels
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 1,680
- Full bathrooms
- 2
- Other
Building & exterior
- Year built
- 1924
- Lot size (sq ft)
- 4,300
- Garage spaces
- 3
- Covered spaces
- 3
- None
- Other
- Driveway
HOA (homeowners association)
- No Restrictions
Taxes
- Annual tax
- $1,212
- Tax year
- 2025
- Parcel number
- 01-31-13-059-0060
Listing
- MLS number
- A12033069
- Property type
- Single Family Residence
- Price per SqFt
- $530
- Subdivision
- RAILWAY SHOPS ADDN 1ST AD
- On market since
- Jun 8, 2026
- Days on market
- 83
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 8, 2026 | Listed | $950,000 | — |
| Aug 30, 2026 | Price change | $890,000 | −$60,000 (−6.3%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$5,269 per month
- Principal & interest (30 yr)
- $4,500
- Property tax
- $101
- Insurance (estimated)
- $668
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Shadowlawn Elementary
- iTech@Thomas A. Edison Education Center
- MDCPS Police Center
- Toussaint L''ouverture Elementary
- Miami Edison Senior High
- Clara Mohammed School Of Miami Florida
- Sheyes of Miami Daycare I
- Academy of Excellence
- Sheyes of Miami Daycare III
- B.Wright Leadership Academy
- Merry Poppins Daycare Kindergarten Inc
- RJW The Academy of Arts Sciences
- Edison Park K-8 Center
- Education Academy of Excellence
- Inner City Dance Club Academy of Excellence
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