Railway Shops, 5001 NW 1st Ave

Beds
0.2
Acre
$6,000,000
$/Acre
Mid-Tier LandProperty Type
0.2 AcresLot Size
$6,000,000/AcrePrice per acre
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.
Listing Courtesy Of: Florida Realty of Miami Corp
Local Realty Services Provided By: Best of Luxury Realty
On Site: 176 DaysUpdated: 110 Days agoPage Views: 0

Features

MLS Number: A12015572
All features
  • Property SqFt: 8618
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: Southwest
  • Days on Market: 66
  • Compass Point: NW
  • Office Name: Florida Realty of Miami Corp
  • Area: 8618
  • Taxes: 14298
  • Tax Year: 2025
  • Listing Date: 2026-05-08T12:53:08.000-00:00
  • Lot Size Square Feet: 8618

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Price History

Date
Event
Price
Change
Price Per
05/08/2026
Listed
$1.2M
 
$139 ft2
$1,499 m2
05/08/2026
$1.2M
Event
Listed
Price Per
$139 ft2
$1,499 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Hernan Olivera • Florida Realty of Miami Corp • Buyer Agency Compensation .
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Community Snapshot
2 – 5 BR
Bedrooms
$590K – $3.2M
Price Tier
804 - 6,000
SqFt Range
1950
Year Build
1
Total Floors

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