RAILWAY SHOPS ADDN 2ND AM

5010 NW 2nd Ave, Miami FL 33127

For Sale · Active Listing

$1,056,000

Est. Payment $5,620/mo

MLS Sheet Video

1956

Year Built

Stories

137

Days on Market

Description

Multifamily with 5 studio units, fully permitted, all units rented, generating immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb/VRBO) with potential to dramatically boost income and ROI. Don’t miss this rare opportunity—schedule your showing today!

Facts

MLS#: A11947228
Subdivision: RAILWAY SHOPS ADDN 2ND AM
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1956
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 137 days
Listed: Jan 16, 2026
Last Updated: Jan 21, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

1/16/2026

Listed for sale

$1,056,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5010 NW 2nd Ave, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

South Broward High School
9,10,11,12 · public · 0.9 mi
Little Flower Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Ebony Village School
PK,KG · private · 1.1 mi
Hollywood Academy Of Arts & Science
KG,1,2,3,4,5 · charter · 1.1 mi
Hollywood Academy of Arts and Science Middle School
6,7,8 · charter · 1.1 mi
Olsen Middle School
6,7,8 · public · 1.2 mi
Hollywood Central Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Avant Garde Academy Of Broward
6,7,8,9,10,11,12 · charter · 1.3 mi
Avant Garde Academy K-8 Broward
KG,1,2,3,4,5 · charter · 1.3 mi
AVANT GARDE ACADEMY FOUNDATION K8
KG,1,2,3,4,5,6,7,8 · charter · 1.3 mi

Estimated Monthly Payment

$6,650/mo

Principal & Interest

$5,620

Property Tax

$880

Insurance

$150

HOA

Down Payment20% ($211,200)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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