$1,000,000

5501 NW 2nd Ave Miami, FL 33127

Little Haiti Neighborhood

Estimated payment $5,680/month

Total Views 4,651
4 Beds
2 Baths
1,680 Sq Ft
$595 Price per Sq Ft

Highlights

  • Two Primary Bathrooms
  • Studio bedroom
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • 4-minute walk to Buena Vista Park

About This Home

**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.

Listing Agent

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1924

Lot Details

  • 4,300 Sq Ft Lot
  • West Facing Home
  • Property is zoned 6107

Parking

  • Covered Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Studio bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Shower Only

Schools

  • Shadowlawn Elementary School
  • Miami Edison Middle School
  • Miami Edison High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Railway Shops Addn 1St Ad Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-059-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,183

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: RAILWAY SHOPS ADDN 1ST AD
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 1680
  • Bedroom Features: Primary Bath Shower, Studio
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • Roof: Metal Roof
  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 1ST AD
  • Parking Features: Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Shadowlawn
  • High School: Miami Edison
  • Middle Or Junior School: Miami Edison

Lot Info

  • Parcel Number: 01-31-13-059-0060
  • Lot Size Sq Ft: 4300
  • Zoning: 6107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1183

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,183 $83,320 -- --
2023 $1,183 $80,894 $0 $0
2022 $1,133 $78,538 $0 $0
2021 $1,113 $76,251 $0 $0
2020 $706 $40,327 $0 $0
2019 $688 $39,421 $0 $0
2018 $667 $38,686 $0 $0
2017 $653 $37,891 $0 $0
2016 $644 $37,112 $0 $0
2015 $644 $36,855 $0 $0
2014 $642 $36,563 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 For Sale $1,000,000 -- $595 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer $53,000 Ambassador Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 Unknown
Closed $98,000 Fannie Mae Freddie Mac
Closed $73,000 Unknown
Closed $37,100 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11652352

MIAMI REALTORS® MLS

APN: 01-3113-059-0060

Florida Miami/Dade County Miami 33127 Little Haiti

5501 NW 2nd Ave, Miami, FL

Homes for Sale in Miami, FL

This home is located at 5501 NW 2nd Ave, Miami, FL 33127 and is currently priced at $1,000,000, approximately $595 per square foot. This property was built in 1924. 5501 NW 2nd Ave is a home located in Miami-Dade County with nearby schools including Toussaint L'Ouverture Elementary, Jose De Diego Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Vicente Rodriguez
Listing Agent
Vicente Rodriguez
Section Image
Fausto Commercial Realty Consultants Inc
(786) 981-3775