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Railway Shops Addn 2 Nd Am

$1,056,000

5010 NW 2nd Ave, Miami, FL 33127

Active
Last Updated: 01/19/2026

47,315

NOI

4

Units

Details:
NOI:    $47,315
Units:    4
Year Built:    1956
Floors:    1
Parking Spots:    5
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S)
  • Architectural Style: Other
  • Cooling: Central Air
  • Heating: Electric
  • Flooring: Tile
  • Construction Materials: Concrete Block Construction
Description:

Multifamily with 5 studio units, fully permitted, all units rented, generating immediate cash flow. Prime location on vibrant 2nd Ave in Buena Vista, just 0.7 mi from Miami Design District and near Wynwood, ensuring strong tenant demand. Studios feature separate FPL meters and CBS construction. 6,099 sq ft lot with T4-O zoning (residential, commercial, entertainment) plus adjacent vacant parcels offer huge development upside. Perfect for short-term rentals (Airbnb/VRBO) with potential to dramatically boost income and ROI. Don’t miss this rare opportunity—schedule your showing today!

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