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PendingMLS listing sourceMIAMI REALTORS® MLS
PendingMLS® A12015572
$1,200,000

5001 NW 1st Avenue, Miami, FL 33127

Beds
—
Baths
0
Sqft
—
Est. payment$8,018/mo
Home type
Unimproved Land
Year built
—
Lot size
8,712 sqft
Price / sqft
—
HOA
$0/mo
Community
RAILWAY SHOPS ADDN 2ND AM

Property description

Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami’s most sought-after neighborhoods.The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami’s most desirable locations.Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

Listing activity

Days on market
66
Listed
May 8, 2026
MLS listing updated
Jul 13, 2026
Feed last checked
3 minutes ago

Listed by Hernan Dario Olivera · Florida Realty of Miami Corp

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Fencing
Fenced
Other structures
None
Waterfront
None
Waterfront property
No

Lot

Lot size
8,712 sqft
Lot size (acres)
0.2 acres
Lot dimensions
8618
Lot features
Cleared
Zoning
0104
Road surface
Paved
Road responsibility
Public Maintained Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
Southwest
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
RAILWAY SHOPS ADDN 2ND AM
MLS area
2310

Association

Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33127
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12015572
Possession
Close Of Escrow, Negotiable
Original list price
$1,200,000
Parcel number
0131240131440
Annual property tax
$14,298
Tax year
2025
Tax legal description
RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 13 BLK 8 LOT SIZE 59.850 X 144 OR 10144-172 0878 1 COC 26401-4622 04 2008 5
Additional MLS details

Reported by the listing source

Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Miami-Dade
Days On Market
66
Direction Faces
Southwest
Elementary School
Shadowlawn
High School
Miami Edison
List Price
1200000
Listing Contract Date
2026-05-08
Lot Size Acres
0.2
Lot Size Dimensions
8618
MLSArea Major
2310
Middle Or Junior School
Jose De Diego
Mls Status
Pending
On Market Date
2026-05-08
Photos Count
1
Postal Code
33127
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Surface Type
Paved
Standard Status
Pending
State Or Province
FL
Status Change Timestamp
2026-07-13T20:19:30Z
Subdivision Name
RAILWAY SHOPS ADDN 2ND AM
Water Source
Public
Waterfront Features
None
Tax Annual Amount
14298

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
May 8, 2026ListedMIAMI REALTORS® MLS$1,200,000

Public tax history

YearProperty taxesAssessment
2025$14,298—

Payment calculator

Estimated monthly payment$8,018/moIllustrative estimate, not a loan offer.
Principal & interest
$6,227
Property taxes
$1,192
Insurance
$600
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

RAILWAY SHOPS ADDN 2ND AM

Miami · Miami-Dade County · 33127

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

ShadowlawnElementary
—
Jose De DiegoMiddle
—
Miami EdisonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Florida Realty of Miami Corp. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.