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How this price compares
- Asking price
- $1,190,000
- Price per sq ft
- $691
- Original price
- Unchanged
- Days on market
- 4
This 3-bedroom multi-family property in Railway Shops Addn 2nd Am went under contract with an asking price of $1,190,000, or $691 per square foot. It spent 4 days on the market before going under contract.
Estimated monthly payment
$6,254 /mo
Principal and interest only, based on $238,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,190,000
- Days on Site
- 4 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,723 sqft
- Total Sq Ft
- 1,977 sqft
- Year Built
- 2025
- Property Type
- Multi-Family
- MLS #
- A12058858
- Property Tax
- $7,578 (2024)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Under Contract
About This Property
Be the first to live in this beautifully designed modern townhome with private pool, located just minutes from the Miami Design District. This 3 bedroom, 2.5 bath residence offers 1,977 thoughtfully designed total sq ft, featuring a sleek, open-concept layout and a designer kitchen equipped with high-end appliances. Built nearly 12 feet above sea level in the highly sought-after Buena Vista neighborhood, one of Miami's highest natural elevations, this home is not in a flood zone and is fortified with hurricane impact windows and doors for added peace of mind. Enjoy close proximity to Wynwood, Midtown, and Miami Beach, while living in a quiet residential setting with unmatched access to the city’s best dining, shopping, and culture.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Under Contract
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Attached Carport / Carport / Driveway / Paver Block
- Direction Faces
- South
- Living Sq Ft
- 1,723
- Total Sq Ft
- 1,977
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Appliances
- Dishwasher / Electric Water Heater
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Wood
- Interior Features
- Closet Cabinetry / Kitchen Island / Separate Shower / Upper Level Primary
- Laundry
- Washer Hookup / Dryer Hookup
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Flat
- Exterior Features
- Awnings / Lighting
- Private Pool
- Yes
- Pool Features
- Automatic Chlorination / In Ground
- View
- Pool
Community & HOA
- Association Amenities
- None
- Community Features
- Home Owners Association
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- No Restrictions
- MLS Area
- 2310
Schools
- Elementary School
- Shadowlawn
- Middle School
- Jose De Diego
- High School
- Miami Edison
About the Community
Railway Shops Addn 2nd Am is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $899,900 to $1,800,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Railway Shops Addn 2nd Am and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Median List Price
- $1,190,000
- Median $/Sq Ft
- $656
- Avg Days on Market
- 117
Frequently Asked Questions
- How do I schedule a tour of 223 NW 51st Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 223 NW 51st Street, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 223 NW 51st Street, Miami, FL 33127 still available?
- 223 NW 51st Street, Miami, FL 33127 is currently listed as Under Contract, and has been on the market 4 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 223 NW 51st Street, Miami, FL 33127?
- With 20% down ($238,000) on the $1,190,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 223 NW 51st Street, Miami, FL 33127 is about $6,254/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 223 NW 51st Street, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 223 NW 51st Street, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 223 NW 51st Street, Miami, FL 33127?
- 223 NW 51st Street, Miami, FL 33127 is zoned for Shadowlawn (elementary), Jose De Diego (middle), Miami Edison (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 223 NW 51st Street, Miami, FL 33127?
- Often, yes. The right offer on 223 NW 51st Street, Miami, FL 33127 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Hudson Burnham Real Estate
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.
$1,190,000
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Listed by Yisroel Feivel Lome, Hudson Burnham Real Estate
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Recent Sales
Recently sold homes in Railway Shops Addn 2nd Am
These are the last 6 recorded closings in Railway Shops Addn 2nd Am, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on June 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$550,000
Sold · June 16, 2026
598 NW 53rd Street
2 bed · 1 bath · 948 sqft · $580/sqft
$48,000 under the asking price
Sold$850,000
Sold · June 13, 2026
95 NW 52nd Street
4 bed · 3 bath · 1,833 sqft · $464/sqft
$49,900 under the asking price
Sold$625,000
Sold · June 4, 2026
424 NW 53rd Street
3 bed · 1 bath · 1,172 sqft · $533/sqft
$24,000 under the asking price
Sold$590,000
Sold · June 1, 2026
70 NW 53rd Street
0 bed · 0 bath
$60,000 under the asking price
Sold$630,000
Sold · May 1, 2026
61 NW 53rd Street
3 bed · 3 bath · 1,080 sqft · $583/sqft
$45,000 under the asking price
Sold$560,000
Sold · April 28, 2026
80 NW 53rd Street
4 bed · 2 bath · 1,634 sqft · $343/sqft
$55,000 under the asking price
See every recorded sale in Railway Shops Addn 2nd Am or find out what your Railway Shops Addn 2nd Am home is worth.








