Railway Shops, 5501 NW 2nd Ave
OFF MARKET
4
Beds2
Baths1,680
SqFt$583
$/SqFtMid-Tier HouseProperty Type
1924Year Built
$583/SqFtPrice per sq ft
One StoryStyle
**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.
Listing Courtesy Of: Fausto Commercial Realty Consultants Inc
Local Realty Services Provided By: Best of Luxury Realty
On Site: 425 DaysUpdated: 338 Days agoPage Views: 0
Features
MLS Number: A11873588
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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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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- Tamiami Heights House1
- Ten Museum Park Residential Condo18
- The Bond On Brickell Condo18
- The Coconut Grove Bayshore Condo0
- The Monarch Grove Condo1
- The Mutiny Condo4
- The Oaks Townhouse0
- The Plaza On Brickell East Condo18
- Thomas Grove Condo2
- Three Tequesta Point Condo10
- Tigertail Bay Condo1
- Tigertail Place Condo0
- Two Tequesta Point Condo7
- Victory Homesites Mixed1
- Villas At Buena Vista Mixed1
- Virginia Pointe Condo0
- Washington Place House4
- Waterbury House0
- Woodcrest House1
- Wyndwood Park Mixed25
- Yacht Harbour Condo2
- YotelPad Miami Condo24
Ultra Luxury
Ultra Luxury87
- 1600 South Bayshore Ln Condo0
- Aqua Marine Mixed3
- 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 Island Estates House0
- 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 House2
- 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 Condo24
- 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 Condo59
- 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
$220K - $850K
$0 - $0
$499K - $4.7M
$2K - $9K
$130K - $2M
$2K - $3K
$180K - $9M
$2K - $45K
$150K - $1.8M
$2K - $6K