5001 NW 1st Ave, Miami, FL 33127

--beds

--baths

8,712Square Feet

$7,889/mo

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Unimproved Land

Built in ----

8,712 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Existing poolPreserving privacyExpansive lot sizeFenced corner lot

Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami’s most sought-after neighborhoods. The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami’s most desirable locations. Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

119 days
22
0

Likely to sell faster than

Facts & features

Property

Features

Fencing: Fenced
Has view: Yes
View description: None

Lot

Size: 8,712 Square Feet
Features: City Lot, Less Than 1/4 Acre Lot, Cleared
Residential vegetation: Other Trees

Details

Additional structures: None
Parcel number: 0131240131440
Zoning: 0104

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Subdivision: Railway Shops Addn 2nd Am

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Tax assessed value: $701,620
Annual tax amount: $14,298
Date on market: 5/8/2026
Listing terms: All Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/13/2026	Pending sale	$1,200,000
Source: MIAMI #A12015572 Report a problem
5/8/2026	Listed for sale	$1,200,000+133%
Source: MIAMI #A12015572 Report a problem
2/25/2022	Sold	$515,000+379.1%
Source: Public Record Report a problem
5/29/2008	Sold	$107,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,120 +8%	$693,765 +10%
2024	$13,999 -4.4%	$630,696 -9.1%
2023	$14,641 +738.9%	$693,755 +538%
2022	$1,745 +1.2%	$108,741 +3%
2021	$1,725 +1.5%	$105,574 +1.4%
2020	$1,700 +2.8%	$104,117 +2.3%
2019	$1,653 +4.5%	$101,777 +1.9%
2018	$1,583	$99,880 +2.1%
2017	$1,583 +1.6%	$97,826 +2.1%
2016	$1,557 -0.4%	$95,814 +0.7%
2015	$1,563 -0.7%	$95,148 +0.8%
2014	$1,575 +13.4%	$94,393 +7.6%
2013	$1,389	$87,764 +1.7%
2012	$1,389 +3.9%	$86,297 +3%
2011	$1,337 -1.8%	$83,784 +1.5%
2010	$1,362 +8.8%	$82,546 +2.7%
2009	$1,252 -15.8%	$80,376 +53.2%
2007	$1,487 -73.4%	$52,458
2006	$5,600	--
2005	$5,600 +41.1%	--
2004	$3,967 +24.2%	--
2003	$3,193 +31.2%	--
2002	$2,434	--