RAILWAY SHOPS ADDN 2ND AMD

5141 NW 2nd Avenue, Miami FL 33127

Closed

$2,500,000

Est. Payment $13,306/mo

MLS Sheet Video

579

Days on Market

Description

Location! Location! Multi usage. Corner lot with large footage. Can be us for residential but not limited to commercial, office, educational and more. Also can build levels up. Easy access to major highways, airports, beaches, sport arenas and more. Minutes from the famous Wynwood district in down town Miami. Buyers are responsible to verify with planning and zoning. The lot was originally 3 separate lots and now is one big lot. It is zone as T4 and T3. Two lots are commercial(T4) and the other is currently zone as residential(T3). New buyer has to rezone for their use.

Facts

MLS#: R10997575
Subdivision: RAILWAY SHOPS ADDN 2ND AMD
Property Type: Commercial Land
Property Sub Type: Agriculture
Year Built: —
Lot Size: 23,000 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 579 days
Listed: Jun 19, 2024
Last Updated: Sep 10, 2026
Price/Lot Sq.Ft.: $109/ft²

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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).

9/10/2026	Sold	$2,500,000
6/19/2024	Listed for sale	$2,500,000

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

Location

5141 NW 2nd Avenue, Miami FL 33127Directions

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

Down Payment20% ($500,000)

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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