Railway Shops, 5001 NW 1st Ave

0.2
Acre
Status
Pending
Size
0.2 Acres (801 m2)
Price
$6,000,000/Acre ($1,499/m2)
Type
Land
MLS Number
A12015572
On Site
130 Days
Updated
63 Days ago
Page Views
0
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.

Features

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 OliveraFlorida Realty of Miami Corp • Buyer Agency Compensation .

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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
Mid-Tier Homes & Condos