Railway Shops, 5028 NW 3rd Ave
Share
OFF MARKET
1,720
SqFtStatus
OFF MARKETExpired
Size
1,720 SqFt (160 m2)
Price
$447/SqFt ($4,813/m2)
Type
Multifamily
Built
1924
MLS Number
A11790729
On Site
508 Days
Updated
454 Days ago
Page Views
0
CONTACT BROKER VIA TEXT OR CALL
2 Bed / 1 Bath Main Unit
Two Separate Large Efficiency Units
Total Potential Rental Income: $6,200/month
Projected Gross Income: $74,400/year
Each unit has been well-maintained and ready to lease long-term tenants, with rental upside or short-term potential. With flexible zoning and proximity to **Wynwood, Design District, Midtown, and Downtown Miami**, this property is also a **prime candidate for Airbnb or short-term rental**.
Appraisal for 802K!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, WallWindowUnits
Building and Construction
- Floor Description: Hardwood,Tile,Wood
- Year Built: 1924
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-04-25T11:44:59.000-00:00
Taxes, Fees & More
- Taxes: 5898
Apples-to-Apples Comparables
Price History
Current
$769K
High
$899K
Low
$769K
Total Change
-14.5%Date
Event
Price
Change
Price Per
06/13/2025
Price Reduced
$769K
-3.63%$447 ft2
$4,813 m2
06/12/2025
Price Reduced
$798K
-0.13%$464 ft2
$4,994 m2
05/28/2025
Price Reduced
$799K
-3.15%$465 ft2
$5,000 m2
05/19/2025
Price Reduced
$825K
-2.83%$480 ft2
$5,163 m2
05/08/2025
Price Reduced
$849K
-3.52%$494 ft2
$5,313 m2
05/05/2025
Price Reduced
$880K
-2.11%$512 ft2
$5,507 m2
04/25/2025
Listed
$899K
 $523 ft2
$5,626 m2
06/13/2025
$769K
Event
Price Reduced
Change
-3.63%Price Per
$447 ft2
$4,813 m2
06/12/2025
$798K
Event
Price Reduced
Change
-0.13%Price Per
$464 ft2
$4,994 m2
05/28/2025
$799K
Event
Price Reduced
Change
-3.15%Price Per
$465 ft2
$5,000 m2
05/19/2025
$825K
Event
Price Reduced
Change
-2.83%Price Per
$480 ft2
$5,163 m2
05/08/2025
$849K
Event
Price Reduced
Change
-3.52%Price Per
$494 ft2
$5,313 m2
05/05/2025
$880K
Event
Price Reduced
Change
-2.11%Price Per
$512 ft2
$5,507 m2
04/25/2025
$899K
Event
Listed
Price Per
$523 ft2
$5,626 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Christopher Johnson • Johnson's Homes • Buyer Agency Compensation .
Listing Location & Street View
Peer Listings
Active listings from matched communities
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear
when matching listings appear
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
Miami Mid-Tier Mid-Tier Homes & Condos
- 1050 Tower Condo16
- 1060 Tower Condo10
- 1100 Millecento Residences Condo24
- 1800 Biscayne Plaza Condo10
- 1800 Club Condo12
- 23 Biscayne Bay Condo7
- 26 Edgewater Condo7
- 50 Biscayne Condo30
- 500 Brickell East Condo13
- 500 Brickell West Condo17
- Adele Heights House0
- Ademar Park House4
- Allapattah Park Multifamily0
- Allen Estates Multifamily0
- Allendale House1
- Alta Vista House3
- Ardmore Heights Mixed0
- Ardsley House1
- Atlantis On Brickell Condo2
- Auburn Heights Mixed2
- Auburndale Tamiami Trail Multifamily1
- Axis On Brickell North Condo18
- Axis On Brickell South Condo19
- Baltus House Condo13
- Bay House Miami Condo8
- Bay Park Towers Condo2
- Bay Vista Park House15
- Baylofts Condo2
- Baywood House4
- Bellaire House2
- Bird Grove Condo1
- Biscayne Heights Mixed4
- Bliss Properties Multifamily0
- Blue On The Bay Condo16
- Boulevard Park House3
- Bowling Green Terrace House0
- Bowman Heights House0
- Brenner-Brams House0
- Brickell Bay Club Condo9
- Brickell Bay Tower Condo5
- Brickell Biscayne Condo1
- Brickell Forest Mixed2
- Brickell Hammock House4
- Brickell Harbour Condo1
- Brickell Key One Condo17
- Brickell Key Two Condo19
- Brickell On The River North Tower Condo16
- Brickell On The River South Tower Condo21
- Brickell Park Condo1
- Brickell Place Condo16
- Brickell Roads Townhouse Townhouse0
- Brickell Ten Condo11
- Brickell Townhouse Condo5
- Brickell View West Condo4
- Brickell Vista Condo2
- Brickell Way Condo1
- Bridgeport Grove Townhouse0
- Brooklawn House0
- Bryan Park House11
- Canvas Condo22
- Capdevila Townhouse0
- Caples Multifamily4
- Carolina Heights Multifamily4
- Cassa Brickell Condo3
- Centro Condo21
- Charter Club Condo11
- Churchill Estates House2
- Cite On The Bay East Condo13
- Cite On The Bay West Condo3
- Citrus Park Mixed2
- City 24 Condo4
- Cocostyle Condo1
- Columbia Park House7
- Coral Townhouse2
- Coral Gate House3
- Coral Nook House2
- Coral Plaza Of Miami Condo7
- Coral Sea View Condo0
- Cordova Park House0
- Costa Bella Condo2
- Country Club House2
- Courts Brickell Key Condo3
- Courtyards Of The Grove Condo2
- Courvoisier Courts Condo9
- Cravatts Allapattah Homesites Multifamily1
- Crestwood House4
- Crowell House0
- Curry House0
- Da Vinci On Douglas Condo2
- Davis Citrus Farms Mixed1
- De Carlo Multifamily0
- De Leon Park Multifamily2
- Del Rio Park Multifamily0
- Dixie Grove Residences Condo1
- Douglas Commercial Center House0
- Douglas Park Mixed1
- Douglas Place Condo1
- Douglas Place In Golden Pines Condo1
- Durham Park House0
- Durham Terrace House1
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Copyright © 2026 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.