Lawrence Estate Land Co

1501 NW 2nd Street, Miami FL 33125

Closed

$750,000

18.66%

Est. Payment $3,992/mo

MLS Sheet Video

182

Days on Market

Description

Reduced to Sell! Bring all offers. Lowest lot price on an active new construction block! Renovate the existing building with 5 rentable units or tear down the existing building and create your own dream just two blocks from a major sports franchise in Miami! With a zoning designation of T5L, develop a 2 - 9 unit residential multifamily building on this site with medium retail. Parking exception is allowed as the location qualifies.

Facts

MLS#
F10400780
Subdivision
Lawrence Estate Land Co
Property Type
Commercial Land
Property Sub Type
—
Year Built
—
Lot Size
6,499 ft²
Sq. Ft.
—
Sq. Mt.
—
Price per sq. ft.
—
Price per sq. mt.
—
Stories
—
Garage
—
Pool
—
Days on Market
182 days
Listed
Sep 4, 2023
Last Updated
Sep 5, 2026
Price/Lot Sq.Ft.
$115/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

October 2026

100/100
Buyers marketSellers market

46

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).

9/5/2026Sold$750,000
2/8/2024Price change$750,000-18.7%
9/4/2023Listed for sale$922,000

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

Location

1501 NW 2nd Street, Miami FL 33125Directions

Estimated Monthly Payment

$4,767/mo

Principal & Interest

$3,992

Property Tax

$625

Insurance

$150

HOA

$0

20% ($150,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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