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Railway Shops, 5141 NW 2nd Ave
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Closed
0.53
AcreStatus
Sold - Mar 12, 2026
Size
0.53 Acres (2,137 m2)
Price
$3,981,132/Acre ($987/m2)
Type
Land
MLS Number
R10997575
View
City
On Site
819 Days
Updated
182 Days ago
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0
Location! Location! Multi usage. Corner lot with large footage. Can be us for residential but not limited to commercial, office, educational and more. Also can build levels up. Easy access to major highways, airports, beaches, sport arenas and more.
Minutes from the famous Wynwood district in down town Miami. Buyers are responsible to verify with planning and zoning. The lot was originally 3 separate lots and now is one big lot. It is zone as T4 and T3. Two lots are commercial(T4) and the other is currently zone as residential(T3). New buyer has to rezone for their use.
Features
All features
- Current Use: Commercial, MultiFamily, Office, Unimproved
- Approx SqFt Total Area: 23000
- Property SqFt: 23000
- Remarks: Location! Location! Multi usage. Corner lot with large footage. Can be us for residential but not limited to commercial, office, educational and more. Also can build levels up. Easy access to major highways, airports, beaches, sport arenas and more. Minutes from the famous Wynwood district in down town Miami. Buyers are responsible to verify with planning and zoning. The lot was originally 3 separate lots and now is one big lot. It is zone as T4 and T3. Two lots are commercial(T4) and the other is currently zone as residential(T3). New buyer has to rezone for their use.
- Internet Remarks: Location! Location! Multi usage. Corner lot with large footage. Can be us for residential but not limited to commercial, office, educational and more. Also can build levels up. Easy access to major highways, airports, beaches, sport arenas and more. Minutes from the famous Wynwood district in down town Miami. Buyers are responsible to verify with planning and zoning. The lot was originally 3 separate lots and now is one big lot. It is zone as T4 and T3. Two lots are commercial(T4) and the other is currently zone as residential(T3). New buyer has to rezone for their use.
- View: City
- Waterfront: No info
- Directions: North
- Days on Market: 579
- Closing Date: 2026-03-12
- Compass Point: NW
- Office Name: Reliant Realty ERA Powered
- Area: 0.53
- Taxes: 773
- Tax Year: 2022
- Listing Date: 2024-06-18T20:00:00.000-00:00
- Lot Size Square Feet: 23000
Apples-to-Apples Comparables
Price History
Current
$2.1M
High
$2.5M
Low
$2.1M
Total Change
-15.6%Date
Event
Price
Change
Price Per
03/12/2026
Sold
$2.1M
0%$92 ft2
$987 m2
03/17/2026
Price Reduced
$2.1M
-15.6%$92 ft2
$987 m2
01/23/2026
Listed
$2.5M
$109 ft2
$1,170 m2
03/12/2026
$2.1M
Event
Sold
Change
0%Price Per
$92 ft2
$987 m2
03/17/2026
$2.1M
Event
Price Reduced
Change
-15.6%Price Per
$92 ft2
$987 m2
01/23/2026
$2.5M
Event
Listed
Price Per
$109 ft2
$1,170 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Venn Fletcher • Reliant Realty ERA Powered • 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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