Price Check
How this price compares
- List price
- $890,000
- Price per sq ft
- $530
- Vs. nearby sales
- In line
- Days on market
- 107
This 3-bedroom single-family home in ZIP 33127 is listed at $890,000, or $530 per square foot. The asking price has come down 6.3% from its original $950,000. It has been on the market for 107 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 in line with what comparable homes here actually sold for.
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
- 107 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Living Area
- 1,680 sqft
- Lot Size
- 0.1 Acres
- Year Built
- 1924
- Property Type
- Single Family
- MLS #
- A12033069
- Property Tax
- $1,212 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 1ST AD
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
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
- Single Family
- Status
- Active
- Year Built
- 1924
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 3
- Parking
- Driveway
- Direction Faces
- West
- Lot Size (Acres)
- 0.1
- Living Sq Ft
- 1,680
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 6107
Interior Features
- Appliances
- Dishwasher
- Cooling
- Central Air
- Heating
- Other
- Flooring
- Concrete / Terrazzo / Tile
- Interior Features
- Other
Exterior Features
- Construction
- Other
- Roof
- Other
- Exterior Features
- Other
Community & HOA
- Association Amenities
- Other
- Utilities
- Sewer Available
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- No Restrictions
- 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 107 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 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 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 9, 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$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
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$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 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
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
