Description

**Prime Commercial Opportunity for Business Owners Or Developers!** Located near Miami’s emerging Buena Vista neighborhood, Wynwood, Design District, Downtown Miami, and Brickell This location offers an exceptional opportunity for business owners seeking to establish a retail store in a high-traffic area OR for developers looking to build a mix of residential, office, and retail space! Agents, bring your business owners and developers! T5-L consists of a higher density mixed-use building type, that accommodates retail and office uses with apartments. Purchase with as little as 10% down with SBA Financing! Includes 4 parking spaces and plenty of street parking. The property has a large studio in the back and both units can produce around $5,000-$6,000 per month.

Address

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Address: 2nd Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33127
Area: RAILWAY SHOPS ADDN 1ST AD

Details

Updated on December 2, 2025 at 4:07 pm

Property ID A11873588
Price $980,000
Property Size 1680 Square Feet
Bedrooms 4
Bathrooms 2
Garage 0
Year Built 1924
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Attached, One Story
BathroomsFull 2
BuildingAreaTotal 1680
BuildingAreaUnits Square Feet
BuildingName RAILWAY SHOPS ADDN 1ST AD
CarportSpaces 0
CommunityFeatures None
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2025-09-05
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 88
DirectionFaces West
ElementarySchool Shadowlawn
ExpirationDate 2026-03-04
Flooring Tile
Heating Central
HighSchool Miami Edison
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
LaundryFeatures Washer/Dryer Hook-Up
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-510-6627
ListingTerms All Cash, Assumable, Conventional, FHA
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 4300
MLSAreaMajor Railway Shops Addn 1st Ad
MajorChangeTimestamp December 2, 2025 at 01:36pm
MajorChangeType Price Decrease
MiddleOrJuniorSchool Miami Edison
MlsStatus Active
ModificationTimestamp December 2, 2025 at 01:36pm
OnMarketDate 2025-09-05
OriginalEntryTimestamp September 6, 2025 at 01:11am
OriginalListPrice 1000000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-31-13-059-0060
ParkingFeatures Additional Spaces Available, Covered
PetsAllowed Dogs OK
PhotosChangeTimestamp September 6, 2025 at 01:13am
PhotosCount 24
Possession Funding
PostalCodePlus4 1711
PreviousListPrice 1000000
PriceChangeTimestamp December 2, 2025 at 01:36pm
PublicSurveyRange 31
PublicSurveySection 13
PublicSurveyTownship 31
Roof Metal Roof
RoomsTotal 0
SecurityFeatures Smoke Detector
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 420221932
StateOrProvince FL
StatusChangeTimestamp September 6, 2025 at 01:11am
StreetDirPrefix NW
StreetName 2nd Ave
StreetNumber 5501
StreetNumberNumeric 5501
StructureType R30-No Pool/No Water, House
SyndicationRemarks **Prime Commercial Opportunity for Business Owners Or Developers!** Located near Miami’s emerging Buena Vista neighborhood, Wynwood, Design District, Downtown Miami, and Brickell This location offers an exceptional opportunity for business owners seeking to establish a retail store in a high-traffic area OR for developers looking to build a mix of residential, office, and retail space! Agents, bring your business owners and developers! T5-L consists of a higher density mixed-use building type, that accommodates retail and office uses with apartments. Purchase with as little as 10% down with SBA Financing! Includes 4 parking spaces and plenty of street parking. The property has a large studio in the back and both units can produce around $5, 000-$6, 000 per month.
TaxAnnualAmount 1183
TaxLegalDescription RAILWAY SHOPS ADDN 1ST ADDN PB 3-200 LOT 7 LESS W13FT FOR R/W BLK 1 LOT SIZE 50.00 X 86 OR 20880-0690 1202 4
TaxYear 2024
View None
WaterSource Municipal Water
YearBuiltDetails Effective Year Built
Zoning 6107