Address5001 Nw 2Nd Ave, Miami, FL, 33127-2124

Price$2,790,000

  • Land

    Opportunity to Purchase a nearly 16,000 SF boutique development site in Miami’s charming Buena Vista neighborhood. NW 2nd Avenue is a retail oriented corridor with a number of local favorite brands moving there recently. In the surrounding neighborhood, many of the older homes are starting to get renovated and prices are rising sharply, creating a sought after submarket. This part of the neighborhood has been coined as NOW, “North of Wynwood”. 5001 NW 2nd Avenue has proposed plans in progress for a 66 room co-living building, which would fit in well with the young demographic coming into the area. Zoning as of right allows for the development of 12 standard multi-family units as well as retail among other uses.

    Essential Information

    • MLS® #A11545625
    • Price$2,790,000
    • Bathrooms0.00
    • Acres0.36
    • TypeLand
    • StatusActive

    Community Information

    • Address5001 Nw 2Nd Ave
    • Area31
    • SubdivisionRAILWAY SHOPS ADDN 2ND AM
    • CityMiami
    • CountyMiami-Dade County
    • StateFL
    • Zip Code33127-2124

    Amenities

    • UtilitiesWater Available

    Exterior

    • Lot Description288x137

    Additional Information

    • Date ListedMarch 6th, 2024
    • Days on Website58

    Listing Details

    • OfficeSTL Advisors, LLC
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    Price Change History for 5001 Nw 2Nd Ave, Miami, FL (MLS® #A11545625)

    Date Details Change
    Price Reduced from $3,150,000 to $2,790,000 $360,000 (11.43%)

    Similar Listings To: 5001 Nw 2Nd Ave, Miami

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