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5501 NW 2nd Ave, Miami FL 33127

House For Sale
$950,000

BTC: 14.78599222

ETH: 499.30622714

54 days
3 bds
2 ba
1,680 sqft

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.

Location

Florida Miami 33127 House For Sale

Details

Type:
Residential
Parking:
Driveway
Year Built:
1924
Lot:
4300 Square Feet
Heating:
Other
Price/sqft:
$565
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$499,000
$349K – $808K
Confidence Low
List vs. estimate
$451K above estimate
List $950,000 · +90.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$565
+18.5% vs. city median $477
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $577K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,212
2025
View
None
Garage
3 car garage
All facts and features
  • Flooring

    • Concrete

    • Terrazzo

    • Tile

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Driveway

    Property

    • Exterior Features: Other

    Lot

    • Lot: 4300 Square Feet

    Other Property Information

    • Parcel Number: 01-31-13-059-0060

    • Zoning: 6107

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $1,212

  • Source details

    • MLS ID: A12033069

    Other facts

    • Construction Materials: Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: West

    • Architectural Style: Attached / One Story

    • Garage Spaces: 3

    • Garage: Yes

    • Living Area: 1680

    • Water Source: Municipal Water

    • Subdivision Name: RAILWAY SHOPS ADDN 1ST AD

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Related General Realty, LLC.