Railway Shops, 5010 NW 2nd Ave
OFF MARKET
$1,056,000
Beds
NaN
SqFtMid-Tier MultifamilyProperty Type
1956Year Built
FourplexStyle
Multifamily with 5 studio units, fully permitted, all units rented, generating immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb/VRBO) with potential to dramatically boost income and ROI. Don’t miss this rare opportunity—schedule your showing today!
Listing Courtesy Of: Miami New Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 290 DaysUpdated: 285 Days agoPage Views: 0
Features
MLS Number: A11947228
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Blinds
- Year Built: 1956
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-01-16T14:17:13.000-00:00
Taxes, Fees & More
- Taxes: 18567
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
01/16/2026
Listed
$1.1M
N/A ft2
N/A m2
01/16/2026
$1.1M
Event
Listed
Price Per
N/A ft2
N/A m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Yenitze Molina • Miami New Realty • 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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Ultra Luxury
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- Asia Condo12
- Aston Martin Residences Condo6
- Banks House0
- Bay Crest House5
- Bay Heights House3
- Bay Homes House1
- Bay Point House6
- Bayshore Villas House0
- Beacon Harbour Condo0
- Belle Meade Island House2
- Biscayne Island House5
- Biscayne Park Terrace House0
- Bonita Park House0
- Brickell Flatiron Condo33
- Broadmoor Plaza Land3
- Camner Gables House0
- Club Residences At Park Grove Condo4
- Coco Grove House1
- Coconut Grove Manor House0
- Coconut Grove Park House3
- Crystal Bluff House1
- De Hedouvilles House0
- Douglas Circle House3
- East Utopia House0
- Echo Brickell Condo30
- Eleda House0
- Elysee Condo7
- Enchanted Grove Townhouse0
- Entrada House0
- Espanola Heights House3
- Ewanton Heights House0
- Fairhaven House2
- Four Seasons Residences Condo10
- Four Way Lodge Estates House1
- Gemini 7 Townhouse1
- Gifford Lane Townhomes Townhouse1
- Grove At Grand Bay Condo1
- Grovenor House Condo4
- Hardies Multifamily0
- Hazel Park House2
- Hills Trail Grove House1
- J W Ewans House1
- Jade Residences At Brickell Bay Condo18
- King Park House2
- Leeward Cove Land0
- Lennox Park House1
- Lookout Bay Condo1
- Milledge Heights House0
- Missoni Baia Condo25
- Mr C Tigertail Residences Condo1
- Muze At Met Condo0
- Natoma Manors House1
- Natoma Park House2
- Ocean View House0
- Ocean View Heights House1
- One Park Grove Condo1
- One Thousand Museum Condo13
- One Thousand Venetian Way Mixed4
- Parc Lofts Condo4
- Park Manor House0
- Pent Homestead Townhouse2
- Pinecrest Manor House0
- Pomona House1
- Residences At Vizcaya Condo2
- Rhodes House1
- Rockerman Heights House1
- San Marco House5
- Santa Maria Condo2
- Silver Bluff House2
- Silver Bluff Business Center House0
- Sunshine Fruits House3
- Sunshine Villas House2
- Sunshine Vistas House6
- The Elser Hotel & Residences Condo61
- The Fairchild Condo3
- The Moorings House4
- The Ritz-Carlton Executive Residences Condo0
- The Ritz-Carlton Tower Residences Condo4
- Town Hall House0
- Treasure Trove House0
- Two Park Grove Condo2
- Una Residences Condo20
- Utopia House4
- Ye Little Wood House0
Miami, FL Nearby Cities
$110K - $850K
$0 - $0
$499K - $4.7M
$2K - $9K
$130K - $2M
$2K - $3K
$150K - $1.8M
$2K - $6K
$180K - $9M
$2K - $45K