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Railway Shops, 5501 NW 2nd Ave
Share
3
Beds2
Baths1,680
SqFtStatus
Active
Parking
3
Size
1,680 SqFt (156 m2)
Price
$530/SqFt ($5,702/m2)
Type
House
Built
1924
MLS Number
A12033069
View
None
On Site
99 Days
Updated
15 Days ago
Page Views
0
This T5-L zoned property is an unmatched find for developers or owner-users seeking a flagship presence. 4,300 Sq. Ft. Lot and a property of 1,680 Sq. Ft. The site sits adjacent to a major planned corner development that will introduce high-end retail, a curated café, and destination dining, ensuring a consistent flow of sophisticated clientele to your doorstep. Capitalize on the area's transition toward high-density mixed-use, with flexible zoning that supports a sophisticated integration of retail, office, and residential units. This asset provides immediate carry while you finalize your architectural plans. Located just minutes from the Design District and Wynwood, this is where Miami’s next chapter is being built. Secure a premier land acquisition in a high-growth corridor directly benefiting from the upscale transformation of the 55th St and 2nd Ave axis.
Features
Bedrooms
- Bedrooms: 3
Bathrooms
- Bathrooms: 2
Exterior and Lot Features
- Exterior Features: Other
- View: None
Interior, Heating and Cooling
- Interior Features: Other
- Equipment / Appliances: Dishwasher
- Heating Description: Other
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Concrete, Terrazzo, Tile
- Year Built: 1924
- Year Built Description: Effective Year Built
- Style: OneStory
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Garage: 3
- Listing Date: 2026-06-08T12:53:51.000-00:00
- Directions: West
Taxes, Fees & More
- Taxes: 1212
- Parking Description: Driveway
Apples-to-Apples Comparables
Price History
Current
$890K
High
$950K
Low
$890K
Total Change
-6.3%Date
Event
Price
Change
Price Per
08/30/2026
Price Reduced
$890K
-6.32%$530 ft2
$5,702 m2
06/09/2026
Price Reduced
$950K
0%$565 ft2
$6,087 m2
06/08/2026
Listed
$950K
$565 ft2
$6,087 m2
08/30/2026
$890K
Event
Price Reduced
Change
-6.32%Price Per
$530 ft2
$5,702 m2
06/09/2026
$950K
Event
Price Reduced
Change
0%Price Per
$565 ft2
$6,087 m2
06/08/2026
$950K
Event
Listed
Price Per
$565 ft2
$6,087 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carlos Guzon Michaels • Related General Realty, LLC. • 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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