Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5001 NW 1st Ave, Miami FL 33127

Lots/Land For Sale
$1,200,000

BTC: 18.75000000

ETH: 687.28522337

26 days
0 room(s)

Overview

Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami’s most sought-after neighborhoods. The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami’s most desirable locations. Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.20 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$425,000
$125K – $3.8M
Confidence Low
List vs. estimate
$775K above estimate
List $1,200,000 · +182.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
34 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $711K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,298
2025
View
None
All facts and features
  • Lot

    • Lot: 0.20 Acres

    Other Property Information

    • Parcel Number: 01-31-24-013-1440

    • Zoning: 0104

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $14,298

  • Source details

    • MLS ID: A12015572

    Other facts

    • Lot Features: City Location / Less Than 1/4 Acre Lot / Cleared / Fenced

    • Direction Faces: Southwest

    • Other Structures: None

    • Water Source: Municipal Water

    • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$1,169,000
House
5 bds · 3 ba · 1,578 sqft
RAILWAY SHOPS ADDN 2ND AM,RAILWAY SHOPS ADDN 2, Miami
111 NW 53rd St, Miami FL 33127
+$100K
For Sale
$1,450,000
Condo/Co-op
2 bds · 2 ba · 977 sqft
Miami, Miami
20 NE 11th 20 NE 11TH ST # 4504, Miami FL 33132
New
For Sale
$1,300,000
Condo/Co-op
2 bds · 3 ba · 1,559 sqft
PARAMOUNT MIAMI WORLDCENT, Miami
851 NE 1st Ave # 3909, Miami FL 33132
-$211K
For Sale
$989,000
Multi-family
0 room(s) · 1,950 sqft
BUENA VISTA HEIGHTS ADDN, Miami
160 NW 45th St, Miami FL 33127
For Sale
$899,000
Condo/Co-op
2 bds · 3 ba · 1,498 sqft
Paramount Miami World Cent, Miami
851 NE 1st Ave # 1808, Miami FL 33132
For Sale
$1,150,000
Multi-family
0 room(s) · 2,899 sqft
ROSEMONT PARK, Miami
1924 NW 27th St, Miami FL 33142
For Sale
$950,000
Commercial
0 room(s)
Miami
8602 NW 22nd Ave, Miami FL 33147
For Sale
$1,120,000
House
4 bds · 3 ba · 2,357 sqft
RAILWAY SHOPS ADDN 2ND AM, Miami
112 NW 53rd St, Miami FL 33127

Market around this address

Live counts in the same area.
View all

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: Florida Realty of Miami Corp