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Railway Shops, 5501 NW 2nd Ave
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OFF MARKET
4
Beds2
Baths1,680
SqFtStatus
OFF MARKETExpired
Parking
No info
Size
1,680 SqFt (156 m2)
Price
$583/SqFt ($6,279/m2)
Type
House
Built
1924
MLS Number
A11873588
View
None
On Site
374 Days
Updated
287 Days ago
Page Views
0
**Prime Commercial Opportunity for Business Owners Or Developers!** Located near Miami’s emerging Buena Vista neighborhood, Wynwood, Design District, Downtown Miami, and Brickell This location offers an exceptional opportunity for business owners seeking to establish a retail store in a high-traffic area OR for developers looking to build a mix of residential, office, and retail space! Agents, bring your business owners and developers! T5-L consists of a higher density mixed-use building type, that accommodates retail and office uses with apartments. Purchase with as little as 10% down with SBA Financing! Includes 4 parking spaces and plenty of street parking. The property has a large studio in the back and both units can produce around $5,000-$6,000 per month.
Features
Bedrooms
- Bedrooms: 4
Bathrooms
- Bathrooms: 2
Exterior and Lot Features
- Exterior Features: None
- View: None
Interior, Heating and Cooling
- Interior Features: FirstFloorEntry
- Equipment / Appliances: ElectricRange, Microwave
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1924
- Year Built Description: Effective Year Built
- Style: OneStory
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Shadowlawn
- Middle School: Miami Edison
- Senior High School: Miami Edison
Other Property Info
- Garage: No info
- Listing Date: 2025-09-05T21:11:52.000-00:00
- Directions: West
- Pets Allowed: DogsOk,Yes
Taxes, Fees & More
- Taxes: 1183
- Security Information: SmokeDetectors
- Parking Description: Covered
Apples-to-Apples Comparables
Price History
Current
$980K
High
$1M
Low
$980K
Total Change
-2%Date
Event
Price
Change
Price Per
12/02/2025
Price Reduced
$980K
-2%$583 ft2
$6,279 m2
09/05/2025
Listed
$1M
$595 ft2
$6,407 m2
12/02/2025
$980K
Event
Price Reduced
Change
-2%Price Per
$583 ft2
$6,279 m2
09/05/2025
$1M
Event
Listed
Price Per
$595 ft2
$6,407 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Vicente Rodriguez • Fausto Commercial Realty Consultants Inc • 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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