5501 Nw 2nd Ave

Miami, FL
$ 890,000 Beds 3 Baths 2 Sq 1,680 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 890,000
  • City
  • Miami
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Miami-Dade
  • Half Bathrooms
  • 0
  • Area
  • 31
  • Lot Size
  • Zip
  • 33127
  • Sqr Footage
  • 1,680
  • Year Built
  • 1924
  • Taxes
  • $ 1212
  • Style
  • MLS#
  • A12033069
Listed By: This listing is courtesy of Related General Realty, LLC.
Data Source: Southeast Florida MLS (SEFMLS)

Features

General

Sewer Public Sewer,Other
Heating Other
Cooling Central Air
Possession Closing & Funding,Close Plus
Roof Other
Appliances Dishwasher
Garage Spaces 3
Architectural Style One Story
Pool Features None
Restrictions No Restrictions
Construction Materials Other
Year Built 1924
View None
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Community Features Other,See Remarks
County Miami-Dade
Property Type Residential
Subdivision Name RAILWAY SHOPS ADDN 1ST AD
Facing Direction West
Garage Y/N true
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
City Miami
Senior Community Y/N false
Zoning Description 6107
MLS Area 31
Lot Size Units Square Feet
Lot Size Square Feet 4300
Listing Terms Cash,Conventional,Other
Year Built Details Effective Year Built
Tax Annual Amount 1212
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12005500
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-06-08
PostalCity Miami
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

Interior Features

Interior Amenities Other
Flooring Concrete,Terrazzo,Tile
Air Conditioning Y/N true
Total Bedrooms 3
Total Baths 2

Exterior Features

Exterior Amenities Other
Parking Features Driveway
Lot Features < 1/4 Acre
Water Source Public
Lot Size Area 4300
Waterfront Y/N false
Covered Spaces 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Miami Beach, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/8/2026 Listed $950,000
8/30/2026 6% - $890,000

Property vs Zip Code Average in 33127

Price
AVG $980K
$890K
Taxes
AVG $9,482
$1,212
Year Built
AVG 1964
1924

Areas That We Cover

5501 Nw 2nd Ave Miami, FL is a Single Family Home for sale at $890000 with 1680 sqft and a lot size of Acre(s). 5501 Nw 2nd Ave Miami has 3 bedrooms, 2 baths and was built in 1924. The property's zip code is 33127 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Kimberly Suazo

Kimberly Suazo

305-384-6502

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