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$1,200,000 Just Listed

  • For Sale
  • Active
  • Land Residential
  • 0.2 Acres
  • Updated 5 days ago
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Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami's most sought-after neighborhoods. The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami's most desirable locations. Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

Full Property Details for 5001 NW 1st Ave

General

  • Price: $1,200,000
  • Taxes: $14,298 (2025)
  • Status: Active
  • Type: Land Residential
  • Source: Greater_Miami
  • MLS ID: A12015572
  • Updated: 5/8/2026
  • Added to Site: 6 day(s) ago

Location

  • Area: Railway Shops Addn 2nd Am
  • County: Miami-Dade County
  • Subdivision: RAILWAY SHOPS ADDN 2ND AM
  • Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Direction Faces: Southwest

Community

  • Community Name: Railway Shops Addn 2nd Am

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Structure Type: Residential
  • Detached/Attached: Detached
  • Current Bldg. Use: Residential, Unused

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,618
  • Street/Road Desc.: Paved
  • Lot Features: City Location, Less Than 1/4 Acre Lot, Cleared, Fenced
  • Development Status: Undeveloped
  • Trees/Vegetation: Other Trees
  • Zoning: 104
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $14,298
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 13 BLK 8 LOT SIZE 59.850 X 144 OR 10144-172 0878 1 COC 26401-4622 04 2008 5
  • Inclusions: None
  • Property ID: 01-31-24-013-1440

Listed by Florida Realty of Miami Corp

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Listing agent

— 5001 NW 1st Ave —

  • Florida Realty of Miami Corp

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5001 NW 1st Ave

School District:Dade County School District
NameGradesDistance
Shadowlawn Elementary School, Miami, FL
149 Northwest 49th Street, Miami, FL 33127
PK-50.1 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-81.2 mi
Miami Edison Senior High School
6161 Northwest 5th Court, Miami, FL 33127
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5001 NW 1st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$1,200,000
133.01%
MLS
2/18/2022
Sold
$515,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5001 NW 1st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,182
—
$693,765
-11%
2024
$13,182
8%
$779,795
12%
2023
$12,166
605%
$693,755
557%
2021
$1,725
-1%
$105,574
-3%
2022
$1,745
1%
$108,741
4%
2021
$1,725
4%
$104,117
2%
2019
$1,653
4%
$101,777
2%
2018
$1,583
2%
$99,880
2%
2017
$1,557
—
$97,826
2%
2016
$1,552
-1%
$95,814
1%
2015
$1,563
-1%
$95,148
1%
2014
$1,575
11%
$94,393
8%
2013
$1,424
—
$87,764
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Florida Realty of Miami Corp

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5001 NW 1st Ave, Miami, FL 33127 (MLS# A12015572) is a Land Residential property with a lot size of 0.2 acres. 5001 NW 1st Ave is currently listed for $1,200,000 and was received on May 08, 2026. Want to learn more about 5001 NW 1st Ave? Do you have questions about finding other Land Residential real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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