Price Check
How this price compares
- List price
- $890,000
- Price per sq ft
- N/A
- Original price
- $950,000
- Days on market
- 155
This lot in ZIP 33127 is listed at $890,000. The asking price has come down 6.3% from its original $950,000. It has been on the market for 155 days.
Estimated monthly payment
$4,677 /mo
Principal and interest only, based on $178,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $890,000
- Days on Site
- 155 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.1 Acres
- Property Type
- Land
- MLS #
- A12005500
- Property Tax
- $1,200 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 1ST AD
- County
- Miami Dade
- Status
- Active
About This Property
This T5-L zoned property is an unmatched find for developers or owner-users seeking a flagship presence. 4,300 Sq. Ft. Lot and a property of 1,680 Sq. Ft. The site sits adjacent to a major planned corner development that will introduce high-end retail, a curated café, and destination dining, ensuring a consistent flow of sophisticated clientele to your doorstep.Capitalize on the area's transition toward high-density mixed-use, with flexible zoning that supports a sophisticated integration of retail, office, and residential units. This asset provides immediate carry while you finalize your architectural plans. Located just minutes from the Design District and Wynwood, this is where Miami’s next chapter is being built. Secure a premier land acquisition in a high-growth corridor directly benefiting from the upscale transformation of the 55th St and 2nd Ave axis.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 0.1
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 6107
Exterior Features
- Lot Features
- Central Business District / City Lot / Other
Community & HOA
- Utilities
- Cable Available / Electricity Available / Natural Gas Available / Other / Phone Available / Sewer Available / Trash Collection / Underground Utilities / Water Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2310
Schools
- Middle School
- Jose De Diego
- High School
- Miami Edison
About the Community
- Homes for Sale
- 2
- Median List Price
- $890,000
- Median $/Sq Ft
- $530
- Avg Days on Market
- 131
Frequently Asked Questions
- How do I schedule a tour of 5501 NW 2nd Avenue, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 5501 NW 2nd 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 5501 NW 2nd Avenue, Miami, FL 33127 still available?
- 5501 NW 2nd Avenue, Miami, FL 33127 is currently listed as Active, and has been on the market 155 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 5501 NW 2nd Avenue, Miami, FL 33127?
- With 20% down ($178,000) on the $890,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5501 NW 2nd Avenue, Miami, FL 33127 is about $4,677/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 5501 NW 2nd Avenue, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5501 NW 2nd 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 5501 NW 2nd Avenue, Miami, FL 33127?
- 5501 NW 2nd Avenue, Miami, FL 33127 is zoned for 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 5501 NW 2nd Avenue, Miami, FL 33127?
- Often, yes. The right offer on 5501 NW 2nd 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 will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Related General 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.
$890,000
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Listed by Carlos Guzon Michaels, Related General Realty, LLC.
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $432 per square foot. The most recent closed on October 2, 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$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
Sold$415,000
Sold · September 24, 2026
3348 NW 9th Avenue
3 bed · 2 bath · 1,368 sqft · $303/sqft
$35,000 under the asking price
Sold$618,500
Sold · September 22, 2026
235 NW 59th Street
3 bed · 3 bath · 1,582 sqft · $391/sqft
$12,501 over the asking price
Sold$520,000
Sold · September 18, 2026
349 NW 41st Street
2 bed · 1 bath · 927 sqft · $561/sqft
$20,000 under the asking price
Sold$1,200,000
Sold · September 14, 2026
36 NW 32nd Street
2 bed · 2 bath · 1,172 sqft · $1,024/sqft
$90,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
