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Railway Shops, 250 NW 51st St
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$990,000
0.17
AcreStatus
Active
Size
0.17 Acres (669 m2)
Price
$5,823,529/Acre ($1,480/m2)
Type
Land
MLS Number
A12077586
On Site
21 Days
Updated
12 Days ago
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0
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.
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
Apples-to-Apples Comparables
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 .
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Scores
73
100
48
100
65
100
72
100
0
100
36
100
1
100
Community Snapshot
2 – 5 BR
Bedrooms
$590K – $3.2M
Price Tier
804 - 6,000
SqFt Range
1949
Year Build
1
Total Floors
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