Price Check
How this price compares
- List price
- $1,850,000
- Price per sq ft
- $629
- Original price
- Unchanged
- Days on market
- 151
This multi-family property in Railway Shops Addn 2nd Am is listed at $1,850,000, or $629 per square foot. It has been on the market for 151 days.
Estimated monthly payment
$9,723 /mo
Principal and interest only, based on $370,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,850,000
- Days on Site
- 151 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 2,943 sqft
- Total Sq Ft
- 3,159 sqft
- Year Built
- 1964
- Property Type
- Multi-Family
- MLS #
- A12012030
- Property Tax
- $20,602 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Active
About This Property
Prime mixed-use opportunity in Miami’s Little Haiti/Little River corridor. This two-unit property at 5204–5206 N Miami Ave offers excellent visibility along a high-traffic commercial corridor with strong redevelopment momentum. Featuring flexible T-commercial zoning, the site supports retail, office, or service-based uses with stable income potential. Surrounded by new projects, restaurants, and creative businesses, the location provides exceptional long-term upside for investors or owner-users seeking a centrally located asset minutes from Design District, Wynwood, Midtown, and major transit routes.
General Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1964
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 2,943
- Total Sq Ft
- 3,159
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3901
Interior Features
- Cooling
- Wall Window Units
- Heating
- Other / Separate Meters
- Flooring
- Ceramic Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
Community & HOA
- Utilities
- Cable Not Available
- Financing Terms
- Conventional / Lease Option
- 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 5204 N Miami Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 5204 N Miami 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 5204 N Miami Avenue, Miami, FL 33127 still available?
- 5204 N Miami Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 151 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 5204 N Miami Avenue, Miami, FL 33127?
- With 20% down ($370,000) on the $1,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5204 N Miami Avenue, Miami, FL 33127 is about $9,723/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 5204 N Miami Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5204 N Miami 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 5204 N Miami Avenue, Miami, FL 33127?
- 5204 N Miami 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 5204 N Miami Avenue, Miami, FL 33127?
- Often, yes. The right offer on 5204 N Miami Avenue, 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 Borque Group 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.
$1,850,000
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Listed by Hilal Fatma Borque, Borque Group 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 $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.
