How do I schedule a tour of 5001 NW 1st Avenue, Miami, FL 33127?

Use the Tour button on this listing to request a showing of 5001 NW 1st Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 5001 NW 1st Avenue, Miami, FL 33127 still available?

5001 NW 1st Avenue, Miami, FL 33127 is currently listed as Under Contract, and has been on the market 66 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 5001 NW 1st Avenue, Miami, FL 33127?

With 20% down ($240,000) on the $1,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5001 NW 1st Avenue, Miami, FL 33127 is about $6,307/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 5001 NW 1st Avenue, Miami, FL 33127?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5001 NW 1st Avenue, Miami, FL 33127. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 5001 NW 1st Avenue, Miami, FL 33127?

5001 NW 1st Avenue, 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 5001 NW 1st Avenue, Miami, FL 33127?

Often, yes. The right offer on 5001 NW 1st Avenue, Miami, FL 33127 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Under Contract

66 Days on Market

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$1,200,000

5001 NW 1st Avenue

Miami, FL 33127

RAILWAY SHOPS ADDN 2ND AM

Explore the area: Miami homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

Living Sq Ft

N/A

Year Built

Estimated monthly payment

$6,307 /mo

Principal and interest only, based on $240,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $1,200,000
Days on Site: 66 Days
Bedrooms: 0
Total Baths: 0
Lot Size: 0.2 Acres
Property Type: Land
MLS #: A12015572
Property Tax: $14,298 (2025)
Subdivision: RAILWAY SHOPS ADDN 2ND AM
County: Miami Dade
Status: Under Contract

About This Property

Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami’s most sought-after neighborhoods.The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami’s most desirable locations.Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

General Features

Property Type: Land
Status: Under Contract
Direction Faces: Southwest
Lot Size (Acres): 0.2
Sewer: Public Sewer
Water Source: Public
Zoning: 0104

Exterior Features

Lot Features: Cleared / City Lot
Waterfront Features: None

Community & HOA

Financing Terms: Cash / Conventional
MLS Area: 2310

Schools

Elementary School: Shadowlawn
Middle School: Jose De Diego
High School: Miami Edison

Features & Amenities

None

About the Community

Railway Shops Addn 2nd Am

View Community Details →

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 Realty represents buyers and sellers in Railway Shops Addn 2nd Am at 1% listing commission. Free buyer representation.

Homes for Sale: 18
Under Contract: 2
Median List Price: $1,169,000
Median $/Sq Ft: $671
Avg Days on Market: 91

View all 18 homes for sale in Railway Shops Addn 2nd Am →

Frequently Asked Questions

How do I schedule a tour of 5001 NW 1st Avenue, Miami, FL 33127?: Use the Tour button on this listing to request a showing of 5001 NW 1st Avenue, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 5001 NW 1st Avenue, Miami, FL 33127 still available?: 5001 NW 1st Avenue, Miami, FL 33127 is currently listed as Under Contract, and has been on the market 66 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 5001 NW 1st Avenue, Miami, FL 33127?: With 20% down ($240,000) on the $1,200,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5001 NW 1st Avenue, Miami, FL 33127 is about $6,307/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 5001 NW 1st Avenue, Miami, FL 33127?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5001 NW 1st Avenue, Miami, FL 33127. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 5001 NW 1st Avenue, Miami, FL 33127?: 5001 NW 1st Avenue, 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 5001 NW 1st Avenue, Miami, FL 33127?: Often, yes. The right offer on 5001 NW 1st Avenue, Miami, FL 33127 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Florida Realty of Miami Corp

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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.

$1,200,000