$10,000

closing credit¹

5501 NW 2nd Ave Miami, FL 33127

$1,000,000
4 beds
2 full
1,680 sqft
$595 / sqft
House

Property details

About 5501 NW 2nd Ave

**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.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,680 sqft
Year built1924
ParkingCovered
MLS #A11652352

Virtual tour

Summary

  • MLS Number: A11652352
  • MLS Name: SEFMIAMI
  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Office Email: cfm@faustocommercial.com
  • Listing Agent: Vicente Rodriguez

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of exterior entry at dusk

$1,000,000

5501 NW 2nd Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$80,894$1,182
2022$78,538$1,133
2021$76,251$1,133
2020$40,327$1,112
2018$38,686$666
2017$37,891$653

History based on county public records data.

Nearby schools

7

Shadowlawn Elementary School

Public District PK-5

0.4 mi

149 NW 49th St

7

Toussaint L'Ouverture Elementary School

Public District PK-5

0.4 mi

120 NE 59th St

7

Edison Park K-8 Center

Public District PK-5

0.7 mi

500 NW 67th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $14,068. The majority of Miami, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

79%
<35k
18%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

53%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5501 NW 2nd Ave

This home is located at 5501 NW 2nd Ave in Miami, FL and zip code 33127 in the Buena Vista neighborhood. This 1,680 square foot home was built in 1924. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $1,000,000.

Miami, FL housing market in January 2025 saw over 31 listings sold above listed price, more than 74 sold at listed price and over 425 sold below. Between December and January 2025, Miami, FL real estate market has seen increase in the number of listings by 14.8%. In January 2025, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $574,895.

From Rocket Homes Real Estate and based on county public records data.

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