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$1,056,000 Just Listed
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Property Description
Multifamily with 5 studio units, fully permitted, all units rented, generating immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb/VRBO) with potential to dramatically boost income and ROI. Don't miss this rare opportunity-schedule your showing today!
Full Property Details
Full Property Details for 5010 NW 2nd Ave
General
- Price: $1,056,000
- Taxes: $18,567 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11947228
- Updated: Today (1/16/2026)
- Added to Site: Today
Rental Information
- Rent Includes: Trash Collection, Water
Interior
- Flooring: Tile
Parking
- Total Spaces: 5
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
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Barrel Roof
- Windows: Blinds
- Stories/Levels: 1
- Year Built: 1956
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4801
Financial Considerations
- Operating Expenses: $30,685
- Tax Amount: $18,567
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Copy Of Lease(S)
- Legal Description: 24 53 41 RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 24 LESS E5FT ST BLK 24 LOT SIZE 57.540 X 106 OR 21761-4059 0903 5 COC 26136-4527 11 2007 1
- Property ID: 01-31-24-013-4700
Listed by Miami New Realty
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Schools
Schools serving 5010 NW 2nd Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Shadowlawn Elementary School, Miami, FL 149 Northwest 49th Street, Miami, FL 33127 | PK-5 | 0.1 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.1 mi |
Miami Edison Senior High School 6161 Northwest 5th Court, Miami, FL 33127 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5010 NW 2nd Ave
Date
Details
Price
Change
Source
1/16/2026
Listed
$1,056,000
0.57%
MLS
7/27/2023
Sold
$1,050,000
—
Public Record
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 5010 NW 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,391
59%
$892,088
72%
2023
$12,183
56%
$518,701
70%
2022
$7,827
29%
$305,950
43%
2021
$6,077
—
$214,465
—
2019
$6,098
1%
$214,465
—
2018
$6,012
-1%
$214,465
—
2017
$6,063
40%
$214,465
46%
2016
$4,323
12%
$146,910
8%
2015
$3,844
10%
$136,085
8%
2014
$3,487
8%
$126,197
8%
2013
$3,237
—
$116,986
—
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 5010 NW 2nd Ave
5010 NW 2nd Ave, Miami, FL 33127 (MLS# A11947228) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 5010 NW 2nd Ave is currently listed for $1,056,000 and was received on January 16, 2026. Want to learn more about 5010 NW 2nd Ave? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

