Price Check
How this price compares
- List price
- $1,049,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 9
This 3-bedroom single-family home in Railway Shops Addn 2nd Am is listed at $1,049,000. It has been on the market for 9 days.
Estimated monthly payment
$5,513 /mo
Principal and interest only, based on $209,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,049,000
- Days on Site
- 9 Days
- Bedrooms
- 3
- Total Baths
- 5
- Full Baths
- 3
- Partial Baths
- 2
- Lot Size
- 0.12 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- A12023960
- Property Tax
- $4,500 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Active
About This Property
Introducing the masterpiece of Buena Vista — a brand-new construction residence that redefines modern luxury. This exceptional home offers 3 bedrooms, 3 full bathrooms, and 2 half baths with premium developer upgrades throughout.Designed with elegance and natural light in mind, the home features soaring 10-foot ceilings and floor-to-ceiling Low-E impact windows. Expansive double patio doors create a seamless indoor-outdoor flow, blending sophisticated interior spaces with resort-style outdoor living.The chef’s kitchen is a true centerpiece, showcasing sleek custom cabinetry, premium appliances, a hidden pantry, and striking black rail accents for a refined modern aesthetic.The luxurious primary suite offers a custom illuminated glass closet and a spa-inspired bathroom complete with massage jets and an oversized rain shower.Outdoor living is designed for relaxation and entertaining, featuring a private pool and spa with massage features, a covered terrace, surrounded by lush landscaping and beautiful mature trees.Additional features include:Porcelain tile flooring throughoutFloor-to-ceiling porcelain bathroom wallsCustom vanitiesFinished custom closet carpentrySpacious upstairs laundry room with sink and porcelain countertops1-car garage2 additional outdoor parking spacesA rare opportunity to own a thoughtfully designed modern residence in one of Miami’s most desirable neighborhoods.
Virtual TourGeneral 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
- Driveway
- Direction Faces
- East
- Lot Size (Acres)
- 0.12
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 5700
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Closet Cabinetry / Dual Sinks / Family Dining Room / Kitchen Island / Custom Mirrors / Pantry / Separate Shower / Upper Level Primary / Walk In Closets
Exterior Features
- Construction
- Block
- Roof
- Flat
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Deck / Open / Patio / Balcony
Community & HOA
- Association Amenities
- None
- Financing Terms
- Cash / Conventional
- 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
- 19
- Median List Price
- $1,169,000
- Median $/Sq Ft
- $656
- Avg Days on Market
- 110
Frequently Asked Questions
- How do I schedule a tour of 5116 NW 3rd Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 5116 NW 3rd Avenue, 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 5116 NW 3rd Avenue, Miami, FL 33127 still available?
- 5116 NW 3rd Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 9 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 5116 NW 3rd Avenue, Miami, FL 33127?
- With 20% down ($209,800) on the $1,049,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5116 NW 3rd Avenue, Miami, FL 33127 is about $5,513/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 5116 NW 3rd Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5116 NW 3rd Avenue, 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 5116 NW 3rd Avenue, Miami, FL 33127?
- 5116 NW 3rd 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 5116 NW 3rd Avenue, Miami, FL 33127?
- Often, yes. The right offer on 5116 NW 3rd Avenue, 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 Barcelo Realty Corp
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.
$1,049,000
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Listed by Michael Venereo, Barcelo Realty Corp
Map & Location
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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.
