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5001 NW 2nd Ave, Miami, FL 33127
$2,790,000
5001 NW 2nd Ave, Miami, FL 33127View this property at 5001 NW 2nd Ave, Miami, FL 33127
5001 NW 2nd AveMiamiFL33127
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Property Description
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.
Full Property Details
Full Property Details for 5001 NW 2nd Ave
General
- Price: $2,790,000
- Taxes: $7,836 (2023)
- Status: Active
- Type: Commercial Land
- MLS ID: A11545625
- Updated: 3/21/2024
- Added to Site: 52 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
Community
- Community Name: Railway Shops Addn 2nd Am
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Water Connected, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.363
- Lot Size (Sq. Ft.): 15,818
- Lot Dimensions: 288 x 137
- Frontage Feet: 288
- Lot Features: City Location, Corner Lot, Urban Area Development, Less Than 1 Acre
- Potential Use: Central Urban, Urban Commercial
- Zoning: 4801
Financial Considerations
- Tax Amount: $7,836
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Legal Description: RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 13 BLK 7 LOT SIZE 143.630 X 60 OR 16007-4124 0793 4
- Property ID: 01-31-24-013-1240
Listed by STL Advisors, LLC
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Schools
Schools serving 5001 NW 2nd Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
149 Nw 49th St, Miami, FL 33127 | PK-5 | 0.1 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 24.5 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 1.1 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 0.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 19.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5001 NW 2nd Ave
Date
Details
Price
Change
Source
3/21/2024
Price Reduced
$2,790,000
-11.43%
MLS
3/06/2024
Listed
$3,150,000
—
MLS
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
Tax History for 5001 NW 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,836
24%
$430,900
42%
2021
$6,342
-10%
$302,834
-30%
2022
$7,025
11%
$430,900
15%
2021
$6,342
-14%
$374,170
12%
2019
$7,379
3%
$332,893
2%
2018
$7,149
-7%
$327,075
-12%
2017
$7,680
8%
$371,676
14%
2016
$7,104
21%
$325,506
27%
2015
$5,863
11%
$255,758
10%
2014
$5,273
23%
$232,508
22%
2013
$4,301
—
$189,861
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5001 NW 2nd Ave
5001 NW 2nd Ave, Miami, FL 33127 (MLS# A11545625) is a Commercial Land property with a lot size of 0.363 acres. 5001 NW 2nd Ave is currently listed for $2,790,000 and was received on March 06, 2024. Want to learn more about 5001 NW 2nd Ave? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.