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$799,000was $950,000

5501 NW 2nd Ave

3 bd · 2 ba · 1,680 sq ft

Asking price cut 15.9% on November 1, from $950,000.

146 days on marketSingle Family Residence

Listing courtesy of Related General Realty, LLC.. 305-932-6365

From the MLS

Bedrooms
3
Bathrooms
2
Living area
1,680 sq ft
Asking per square foot
$476
Year built
1924
ZIP code
33127
MLS number
A12033069

What the listing says

This T5-L zoned property is an unmatched find for developers or owner-users seeking a flagship presence. 4,300 Sq. Ft. Lot and a property of 1,680 Sq. Ft. The site sits adjacent to a major planned corner development that will introduce high-end retail, a curated café, and destination dining, ensuring a consistent flow of sophisticated clientele to your doorstep. Capitalize on the area's transition toward high-density mixed-use, with flexible zoning that supports a sophisticated integration of retail, office, and residential units. This asset provides immediate carry while you finalize your architectural plans. Located just minutes from the Design District and Wynwood, this is where Miami’s next chapter is being built. Secure a premier land acquisition in a high-growth corridor directly benefiting from the upscale transformation of the 55th St and 2nd Ave axis.

Description supplied by Related General Realty, LLC..

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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