**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.
For sale
Price cut: $20K (12/2)
$980,000
5501 NW 2nd Ave, Miami, FL 33127
4beds
1,680sqft
Est.:
Single Family Residence
Built in 1924
4,300 Square Feet Lot
$-- Zestimate®
$583/sqft
$-- HOA
What's special
- 100 days |
- 151 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 05:40am
Listed by:
Vicente Rodriguez 305-510-6627,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A11873588
Originating MLS: A-Miami Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Microwave, Electric Range
- Laundry: Washer/Dryer Hook-Up
Features
- Flooring: Tile
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Spaces Available, Covered
Features
- Stories: 1
- Entry location: First Floor Entry
- Exterior features: None
- Pool features: R30-No Pool/No Water
- Has view: Yes
- 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
- Concrete Block Construction, CBS Construction
- Roof: Metal
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, No Subdiv/Park Info
- Security: Smoke Detector
- Subdivision: Railway Shops Addn 1st Ad
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $583/sqft
- Tax assessed value: $336,534
- Annual tax amount: $1,183
- Date on market: 9/5/2025
- Listing terms: All Cash,Assumable,Conventional,FHA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,213 +2.5% | $83,320 +3% |
| 2023 | $1,183 +4.4% | $80,894 +3% |
| 2022 | $1,133 +1.8% | $78,538 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,552/mo
Principal & interest
$4706
Property taxes
$1503
Home insurance
$343
Climate risks
Neighborhood: Little Haiti
Nearby schools
GreatSchools rating
- 6/10Toussaint L'Ouverture ElementaryGrades: PK-5Distance: 0.4 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Miami Edison Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Shadowlawn
- Middle: Miami Edison
- High: Miami Edison
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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