Railway Shops Add Amd 02

5020 NW 1st Avenue, Miami FL 33127

1,682 ft²

Closed

$750,000

Est. Payment $3,992/mo

MLS Sheet Video

1,682

Sq. Ft.

1940

Year Built

Stories

106

Days on Market

Description

This income generating property is situated in the highly sought after Buena Vista neighborhood. It presents an exceptional opportunity for investors or developers, being sold As-Is. Ideally located just minutes away from the Design District, Midtown, and Wynwood, this property offers undeniable convenience. Property is currently VACANT and showings are available on Supra.Primary Land Use: MultiFamily 2-9 Units

Facts

MLS#: F10404036
Subdivision: Railway Shops Add Amd 02
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1940
Lot Size: 0 sqft
Sq. Ft.: 1,682 ft²
Sq. Mt.: 156 m²
Price per sq. ft.: $446/ft²
Price per sq. mt.: $4,808/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 106 days
Listed: Oct 9, 2023
Last Updated: Aug 11, 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

September 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).

8/11/2026	Sold	$750,000
10/9/2023	Listed for sale	$750,000

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

Location

5020 NW 1st Avenue, Miami FL 33127Directions

Estimated Monthly Payment

$4,767/mo

Principal & Interest

$3,992

Property Tax

$625

Insurance

$150

HOA

Down Payment20% ($150,000)

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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