Railway Shops, 250 NW 51st St

Beds
0.17
Acre
$5,823,529
$/Acre
Mid-Tier Land
Live where Miami's culture, design, and coastline all meet. This 7,200 SF vacant lot sits in the heart of Buena Vista. One of the city's most sought-after, fastest-appreciating neighborhoods. Just blocks from the Miami Design District's world-class galleries, boutiques, and restaurants, and a short stroll from the murals and energy of Wynwood. From here, Downtown/Brickell, Coral Gables' historic charm, and Miami Beach's sand and skyline are all a quick drive away, making this one of the most centrally located development sites in Miami. Zoned for single-family, duplex, or multifamily (2–9 units), this blank canvas is ready for a custom spec home, an income-producing duplex, or a boutique multifamily project on tree-lined, walkable streets with rising demand. This isn't just a lot, it's a foothold in the epicenter of Miami's design, art, and lifestyle scene.
MLS Number: A12077586
On Site: 41 Days
Updated: 33 Days ago
Page Views: 0

Features

All features
  • Property SqFt: 7200
  • Remarks: Live where Miami's culture, design, and coastline all meet. This 7, 200 SF vacant lot sits in the heart of Buena Vista. One of the city's most sought-after, fastest-appreciating neighborhoods. Just blocks from the Miami Design District's world-class galleries, boutiques, and restaurants, and a short stroll from the murals and energy of Wynwood. From here, Downtown/Brickell, Coral Gables' historic charm, and Miami Beach's sand and skyline are all a quick drive away, making this one of the most centrally located development sites in Miami. Zoned for single-family, duplex, or multifamily (2–9 units), this blank canvas is ready for a custom spec home, an income-producing duplex, or a boutique multifamily project on tree-lined, walkable streets with rising demand. This isn't just a lot, it's a foothold in the epicenter of Miami's design, art, and lifestyle scene.
  • Internet Remarks: Live where Miami's culture, design, and coastline all meet. This 7, 200 SF vacant lot sits in the heart of Buena Vista. One of the city's most sought-after, fastest-appreciating neighborhoods. Just blocks from the Miami Design District's world-class galleries, boutiques, and restaurants, and a short stroll from the murals and energy of Wynwood. From here, Downtown/Brickell, Coral Gables' historic charm, and Miami Beach's sand and skyline are all a quick drive away, making this one of the most centrally located development sites in Miami. Zoned for single-family, duplex, or multifamily (2–9 units), this blank canvas is ready for a custom spec home, an income-producing duplex, or a boutique multifamily project on tree-lined, walkable streets with rising demand. This isn't just a lot, it's a foothold in the epicenter of Miami's design, art, and lifestyle scene.
  • Waterfront: No info
  • Directions: North
  • Days on Market: 9
  • Compass Point: NW
  • Office Name: The Keyes Company
  • Area: 7200
  • Taxes: 6707
  • Tax Year: 2025
  • Listing Date: 2026-08-25T21:34:00.000-00:00
  • Lot Size Square Feet: 7200

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Price History

Date
Event
Price
Change
Price Per
08/25/2026
Listed
$990K
 
$138 ft2
$1,480 m2
08/25/2026
$990K
Event
Listed
Price Per
$138 ft2
$1,480 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Eric Laumeister • The Keyes Company • Buyer Agency Compensation .

Transit & Commute from Railway Shops

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36
Traffic score
Congested area. Frequent traffic delays
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
73

100
Transit Score®
Some Transit. A few nearby public transportation options
48

100
Bike Score®
Bikeable. Some bike infrastructure
65

100
Sound Score®
Very loud
72

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
36

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
2 – 5 BR
Bedrooms
$590K – $3.2M
Price Tier
804 - 6,000
SqFt Range
1949
Year Build
1
Total Floors

Miami
Mid-Tier
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