Price Check
How this price compares
- List price
- $3,249,000
- Price per sq ft
- $903
- Vs. nearby sales
- 69.4% above
- Days on market
- 114
This 4-bedroom single-family home in Railway Shops Addn 2nd Am is listed at $3,249,000, or $903 per square foot. The asking price has come down 5.8% from its original $3,450,000. It has been on the market for 114 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $533 per square foot, so the asking price is 69.4% above what comparable homes here actually sold for.
Estimated monthly payment
$17,075 /mo
Principal and interest only, based on $649,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,249,000
- Days on Site
- 114 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 3,600 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- A12028348
- Property Tax
- $7,967 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Brand new luxury construction steps from the Miami Design District. This stunning 3,611 SF modern masterpiece features 4 bedrooms, 4.5 baths, private pool, 1-car garage on a 7,200 SF lot. Soaring ceilings, open-concept living, designer finishes throughout. Walk to Chanel, Gucci, Louis Vuitton, Michelin-starred restaurants and world-class art galleries. Minutes to Wynwood, Brickell and Miami Beach. A rare opportunity to own new construction luxury in one of Miami's most coveted and fastest-appreciating neighborhoods.
General Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 1
- Parking
- Covered / Driveway / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 3,600
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0104
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Bathtub / Dual Sinks / Kitchen Island / Main Level Primary / Soaking Tub / Separate Shower / Tub Shower
Exterior Features
- Construction
- Block
- Roof
- Flat
- Private Pool
- Yes
- Pool Features
- In Ground
- Lot Features
- Sprinklers Automatic
- View
- Garden
Community & HOA
- Association Amenities
- None
- Security
- Smoke Detectors
- Financing Terms
- Cash / Conventional / Cryptocurrency / Other
- 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
- 13
- Under Contract
- 2
- Median List Price
- $1,380,000
- Median $/Sq Ft
- $657
- Avg Days on Market
- 113
Frequently Asked Questions
- How do I schedule a tour of 36 NW 51st Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 36 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 36 NW 51st Street, Miami, FL 33127 still available?
- 36 NW 51st Street, Miami, FL 33127 is currently listed as Active, and has been on the market 114 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 36 NW 51st Street, Miami, FL 33127?
- With 20% down ($649,800) on the $3,249,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 36 NW 51st Street, Miami, FL 33127 is about $17,075/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 36 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 36 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 36 NW 51st Street, Miami, FL 33127?
- 36 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 36 NW 51st Street, Miami, FL 33127?
- Often, yes. The right offer on 36 NW 51st Street, Miami, FL 33127 depends on how it's priced against comparable single 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 Dezer Platinum Realty LLC
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 June 23, 2026.
$3,249,000
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Listed by Jorge H Llano, Dezer Platinum Realty LLC
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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 $580 per square foot. The most recent closed on September 25, 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$1,150,000
Sold · September 25, 2026
223 NW 51st Street
3 bed · 2.5 bath · 1,723 sqft · $667/sqft
$40,000 under the asking price
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
See every recorded sale in Railway Shops Addn 2nd Am or find out what your Railway Shops Addn 2nd Am home is worth.
