Price Check
How this price compares
- List price
- $3,100,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 2
This lot in Railway Shops Addn 2nd Am is listed at $3,100,000. It has been on the market for 2 days.
Estimated monthly payment
$16,292 /mo
Principal and interest only, based on $620,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,100,000
- Days on Site
- 2 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.62 Acres
- Property Type
- Land
- MLS #
- A12093144
- Property Tax
- $24,000 (2025)
- Subdivision
- RAILWAY SHOPS ADDN 2ND AM
- County
- Miami Dade
- Status
- Active
About This Property
Properties 566, 570, 574 and 584 NW 54th Street, a contiguous assemblage on one of Little River's most traveled east-west corridors, offered at $3,100,000. The offering spans approximately 26,800 SF of land (roughly $116 per land SF) and is improved with two freestanding commercial buildings of approximately 2,000 to 2,500 SF each. The site can be held as one assemblage or split into two separate parcels, giving a buyer the choice between a single owner-user play, a multi-tenant income strategy, or a longer-term land hold. Wide frontage, strong street visibility and flexible layouts suit retail, showroom, flex and specialty uses today, while the land area positions the site for future redevelopment as the surrounding submarkets keep expanding north and west.
General Features
- Property Type
- Land
- Status
- Active
- Lot Size (Acres)
- 0.62
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- T5-O
Exterior Features
- Lot Features
- City Lot
Community & HOA
- Utilities
- Electricity Available / Phone Available / Sewer Available
- Restrictions
- City 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
- 13
- Under Contract
- 2
- Median List Price
- $1,380,000
- Median $/Sq Ft
- $657
- Avg Days on Market
- 113
Frequently Asked Questions
- How do I schedule a tour of 584 NW 54th Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 584 NW 54th Street, 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 584 NW 54th Street, Miami, FL 33127 still available?
- 584 NW 54th Street, Miami, FL 33127 is currently listed as Active, and has been on the market 2 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 584 NW 54th Street, Miami, FL 33127?
- With 20% down ($620,000) on the $3,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 584 NW 54th Street, Miami, FL 33127 is about $16,292/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 584 NW 54th Street, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 584 NW 54th Street, 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 584 NW 54th Street, Miami, FL 33127?
- 584 NW 54th Street, 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 584 NW 54th Street, Miami, FL 33127?
- Often, yes. The right offer on 584 NW 54th Street, 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 Gridline Properties
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 September 27, 2026.
$3,100,000
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Listed by Alfredo Riascos, Gridline Properties
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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 $580 per square foot. The most recent closed on September 25, 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$1,150,000
Sold · September 25, 2026
223 NW 51st Street
3 bed · 2.5 bath · 1,723 sqft · $667/sqft
$40,000 under the asking price
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
See every recorded sale in Railway Shops Addn 2nd Am or find out what your Railway Shops Addn 2nd Am home is worth.
