Railwy Shops Add

5108 NW 3rd Avenue, Miami FL 33127

2 beds · 1 baths · 936 ft²

Closed

$498,000

Est. Payment $2,651/mo

MLS Sheet

2

Bedrooms

1

Bathrooms

936

Sq. Ft.

1926

Year Built

1

Stories

9

Days on Market

Description

Investor Special – Buena Vista Fixer-Upper! Cash buyers only! Rare opportunity in the highly desirable Buena Vista neighborhood, just minutes from the Miami Design District, Midtown, and Wynwood. This property sits in one of Miami’s most sought-after up-and-coming areas, surrounded by new development, luxury retail, art, and dining. The home requires a full renovation due to prior occupant damage and is being sold strictly as-is. Ideal for investors or builders looking to remodel or rebuild in a location with tremendous upside. Location highlights: 1 mile to the Design District, 1.5 miles to Wynwood, 7 miles to Miami International Airport. This Buena Vista property is a blank canvas in the heart of Miami’s most vibrant growth corridor. Exclusive Buena Vista Investment!Unlock the potential of this rare Buena Vista property, located just steps from the world-renowned Miami Design District, Midtown’s trendy shops, and Wynwood’s art scene. Cash-only and sold as-is, this residence is ready for a complete transformation—offering investors and builders a chance to create a showcase property in Miami’s most dynamic corridor. With proximity to luxury retail, fine dining, and Miami International Airport, the location alone makes this an unparalleled opportunity.

Facts

MLS#
F10526880
Subdivision
Railwy Shops Add
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1926
Lot Size
5,069 ft²
Sq. Ft.
936 ft²
Sq. Mt.
87 m²
Price per sq. ft.
$532/ft²
Price per sq. mt.
$5,724/m²
Stories
1
Garage
Pool
Days on Market
9 days
Listed
Sep 16, 2025
Last Updated
Aug 17, 2026
Price/Lot Sq.Ft.
$98/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

September 2026

100/100
Buyers marketSellers market

21

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).

8/17/2026Sold$498,000
9/16/2025Listed for sale$498,000

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

Location

5108 NW 3rd Avenue, Miami FL 33127Directions

Estimated Monthly Payment

$3,216/mo

Principal & Interest

$2,651

Property Tax

$415

Insurance

$150

HOA

$0

20% ($99,600)
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

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami around $498,000.

Call NowWhatsApp