Premier Brokers International
250 NW 51st Street, Miami, FL 33127
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12077586
$990,000

250 NW 51st Street, Miami, FL 33127

Beds
—
Baths
0
Sqft
—
Est. payment$6,191/mo
Home type
Unimproved Land
Year built
—
Lot size
7,405 sqft
Price / sqft
—
HOA
$0/mo
Community
RAILWAY SHOPS ADDN 2ND AM

Property description

Live where Miami's culture, design, and coastline all meet. This 7,200 SF vacant lot sits in the heart of Buena Vista. One of the city's most sought-after, fastest-appreciating neighborhoods. Just blocks from the Miami Design District's world-class galleries, boutiques, and restaurants, and a short stroll from the murals and energy of Wynwood. From here, Downtown/Brickell, Coral Gables' historic charm, and Miami Beach's sand and skyline are all a quick drive away, making this one of the most centrally located development sites in Miami. Zoned for single-family, duplex, or multifamily (2–9 units), this blank canvas is ready for a custom spec home, an income-producing duplex, or a boutique multifamily project on tree-lined, walkable streets with rising demand. This isn't just a lot, it's a foothold in the epicenter of Miami's design, art, and lifestyle scene.

Listing activity

Days on market
29
Listed
Aug 25, 2026
MLS listing updated
Sep 3, 2026
Feed last checked
11 minutes ago

Listed by Eric Laumeister · The Keyes Company

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

Other structures
None
Waterfront property
No

Lot

Lot size
7,405 sqft
Lot size (acres)
0.17 acres
Lot dimensions
50 x 144
Zoning
5700
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
North
Utilities & green energy

Not reported by the listing source.

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
A12077586
Possession
Close Of Escrow
Original list price
$990,000
Parcel number
0131240134540
Annual property tax
$6,707
Tax year
2025
Tax legal description
RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 7 BLK 24 LOT SIZE SITE VALUE OR 20873-1990 11 2002 1 COC 24472-1433 04 2006 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
29
Direction Faces
North
Elementary School
Shadowlawn
High School
Miami Edison
List Price
990000
Listing Contract Date
2026-08-25
Lot Size Acres
0.17
Lot Size Dimensions
50 x 144
MLSArea Major
2310
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-08-25
Photos Count
13
Postal Code
33127
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-25T04:00:00Z
Subdivision Name
RAILWAY SHOPS ADDN 2ND AM
Tax Annual Amount
6707
Waterfront
No

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
Aug 25, 2026ListedMIAMI REALTORS® MLS$990,000

Public tax history

YearProperty taxesAssessment
2025$6,707—

Payment calculator

Estimated monthly payment$6,191/moIllustrative estimate, not a loan offer.
Principal & interest
$5,137
Property taxes
$559
Insurance
$495
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 The Keyes Company. 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.