Home » Miami » 5501 NW 2nd Ave, Miami, FL 33127 | A11652352

5501 NW 2nd Ave, Miami, FL 33127 | For Sale

$1,000,000

Property Highlights

Listing ID A11652352 Status of this Listing: Active For Sale Property Type Residential Single Family House 4 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,680 Sqft/156.08 m2 approx. Building Area 1,680 Sqft/156.08 m2 approx. Lot area 4,300 Sqft/399.48 m2 approx. Year Built 1924 Time of this property on Rebonus 16 Day(s)
25 Photos of this Property

5501 NW 2nd Ave, Miami, FL 33127

Property Description: **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.

Useful Info

Original List Price:$1,000,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural Style:
  • One Story
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Appliances:
  • Microwave
  • Electric Range
Interior Features:
  • First Floor Entry
Roof:
  • Metal
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$1,183

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Assumable (The financing currently in place may be assumed)
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Dogs Ok
Subdivision Name:RAILWAY SHOPS ADDN 1ST AD
Senior Community:No
Restrictions:No Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Covered

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

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

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax Information: Tax Reflects Homestead Tax
Housing Older Persons Act: No HOPA
Flood Zone : X
Type of Association: None
Rooms Description: No Additional Rooms
Style: R30-No Pool/No Water
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 59

Zoning and Legal

Tax Legal Description:RAILWAY SHOPS ADDN 1ST ADDN PB 3-200 LOT 7 LESS W13FT FOR R/W BLK 1 LOT SIZE 50.00 X 86 OR 20880-0690 1202 4
Real Estate Folio Number (Parcel Number):01-31-13-059-0060
Zoning Description:6107
Public Survey Township:1
Public Survey Range:31
Public Survey Section:13

Listing History

Update/EventDate/Days
Published Date:September 3, 2024 1:37 pm
On Market Date:September 3, 2024
Price Change Date Time:September 3, 2024 1:30 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 3, 2024 1:37 pm
Status Last Changed:September 3, 2024 1:37 pm
Photos Last Modified:September 6, 2024 5:45 pm
Last Modified:September 19, 2024 3:56 pm
Days on the Market Reference Date:September 19, 2024
Days on the Market (updated on Last Modified*):16
Cumulative Days on the Market (updated on Last Modified**):16

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:25
Area:31
Ref ID:1082255134
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12025-N-0131130590060-R-N

Location

Show Property Address:Yes
Street Name:2nd Ave
Street Number:5501
Street Direction Prefix:NW
Street Address:5501 NW 2nd Ave
City : Miami
State : Florida
Zip Code : 33127
County : Miami-Dade
Full Address:5501 NW 2nd Ave, Miami, FL 33127
Latitude:N25° 49' 34.3''
Longitude:W81° 48' 0.6''

Neighborhood

Postal City:Miami
City Region:Little Haiti

Property Map

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