Skip main navigation
For sale
  • Price cut: $20K (12/2)
    $980,000

    5501 NW 2nd Ave, Miami, FL 33127

    4beds
    1,680sqft
    : 
    Single Family Residence
    Built in 1924
    4,300 Square Feet Lot
    $-- Zestimate®
    $583/sqft
    $-- HOA

    What's special

    **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.
    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#: A11873588MLS LogoOriginating 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
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/2/2025Price change$980,000-2%$583/sqft
    Source: MIAMI #A11873588 Report a problem
    9/6/2025Listed for sale$1,000,000$595/sqft
    Source: MIAMI #A11873588 Report a problem
    9/4/2025Listing removed$1,000,000$595/sqft
    Source: MIAMI #A11652352 Report a problem
    9/3/2024Listed for sale$1,000,000+25%$595/sqft
    Source: MIAMI #A11652352 Report a problem
    6/29/2024Listing removed$799,999$476/sqft
    Source: MIAMI #A11480254 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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.

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading