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.
For sale
Price cut: $60K (8/30)
$890,000
5501 NW 2nd Ave, Miami, FL 33127
3beds
1,680sqft
Single Family Residence
Built in 1924
4,300 Square Feet Lot
$834,800 Zestimate®
$530/sqft
$-- HOA
What's special
- 126 days
- 61
- 3
Zillow last checked:
Listing updated:
Listed by:
Carlos Guzon Michaels 305-979-6016,
Related General Realty, LLC.,
Richard Garcia LLC 786-564-2967,
Related General Realty, LLC.
Source: MIAMI,MLS#: A12033069
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Other
- Flooring: Concrete, Terrazzo, Tile
Interior area
- Total interior livable area: 1,680 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Other
- Pool features: R30-No Pool/No Water
- View description: None
Lot
- Size: 4,300 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0131130590060
- Zoning: 6107
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Other
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer, Other
- Water: Municipal Water
Community & HOA
Community
- Features: Other Subdivision - See Remarks
- Subdivision: Railway Shops Addn 1st Ad
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $357,414
- Annual tax amount: $1,212
- Date on market: 6/8/2026
- Listing terms: All Cash,Conventional
Estimated market value
$834,800
$793,000 - $877,000
$4,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $890,000-6.3%$530/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $950,000-3.1%$565/sqft |
Source: | ||
| 3/5/2026 | Listing removed | $980,000$583/sqft |
Source: | ||
| 12/2/2025 | Price change | $980,000-2%$583/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $1,000,000$595/sqft |
Source: | ||
| 9/4/2025 | Listing removed | $1,000,000$595/sqft |
Source: | ||
| 9/3/2024 | Listed for sale | $1,000,000+25%$595/sqft |
Source: | ||
| 6/29/2024 | Listing removed | $799,999$476/sqft |
Source: | ||
| 3/5/2024 | Listing removed | -- |
Source: | ||
| 11/3/2023 | Listing removed | $799,999$476/sqft |
Source: | ||
| 11/3/2023 | Listed for sale | $799,9990%$476/sqft |
Source: | ||
| 10/20/2023 | Listing removed | -- |
Source: | ||
| 9/15/2023 | Listed for sale | $800,000$476/sqft |
Source: | ||
| 9/9/2023 | Listing removed | -- |
Source: | ||
| 7/27/2023 | Price change | $800,000-19.6%$476/sqft |
Source: | ||
| 7/16/2023 | Price change | $995,000+0.5%$592/sqft |
Source: | ||
| 7/9/2023 | Price change | $989,796-13.9%$589/sqft |
Source: | ||
| 5/15/2023 | Price change | $1,150,000-4.2%$685/sqft |
Source: | ||
| 1/3/2023 | Price change | $1,200,000-20%$714/sqft |
Source: | ||
| 11/18/2022 | Price change | $1,500,000+66.7%$893/sqft |
Source: | ||
| 11/10/2022 | Price change | $900,000-40%$536/sqft |
Source: | ||
| 9/8/2022 | Listed for sale | $1,500,000$893/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,250 +3.1% | $85,736 +2.9% |
| 2024 | $1,213 +2.5% | $83,320 +3% |
| 2023 | $1,183 +4.4% | $80,894 +3% |
| 2022 | $1,133 +1.8% | $78,538 +3% |
| 2021 | $1,113 +57.5% | $76,251 +89.1% |
| 2020 | $706 +2.7% | $40,327 +2.3% |
| 2019 | $688 +3.2% | $39,421 +1.9% |
| 2018 | $667 | $38,686 +2.1% |
| 2017 | $667 +2.1% | $37,891 +2.1% |
| 2016 | $653 +1.5% | $37,112 +0.7% |
| 2015 | $644 +0.2% | $36,855 +0.8% |
| 2014 | $642 +4.3% | $36,563 +1.5% |
| 2013 | $615 | $36,023 +1.7% |
| 2012 | $615 +3.7% | $35,421 +3% |
| 2011 | $594 -0.2% | $34,390 +1.5% |
| 2010 | $595 +8.4% | $33,882 +2.7% |
| 2009 | $549 +14.3% | $32,992 +371.3% |
| 2007 | $480 -5.2% | $7,000 |
| 2006 | $506 | -- |
| 2005 | $506 +31.2% | -- |
| 2004 | $386 | -- |
| 2003 | $386 | -- |
| 2002 | $386 | -- |
| 2001 | $386 | -- |
Find assessor info on the county website
Monthly payment
Est. payment





