5501 NW 2nd Ave, Miami FL 33127, MIAMI, FL, 33127
Active67 days on marketListed Jun 8, 2026MLS #A12033069
About this home
5501 NW 2nd Ave, Miami FL 33127
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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,680
Sqft
3
Garage
1924
Year built
$565
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,743 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,743/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+19.9%
$/sqft vs Miami actives
$565 vs $511
Days on market
67 vs 66 typical
Where $565/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Little Haiti
Get to know Miami. See the full Miami guide →
Little Haiti — neighborhood snapshot
Population
29,864
Median age
38
Median income
$49,597
Median home value
$568,827
Avg household
3
Households w/ children
3,355
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 122% above the MIAMI 33127 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 5501 NW 2nd Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$1,325,000
480 NE 31st St # 3007, Miami FL 33137
3 bd · 3 ba · 1,649 sqft · $804/sqft · 46 DOM
Sold · Jun ’26$1,250,000
480 NE 31st St # 2407, Miami FL 33137
3 bd · 3 ba · 1,649 sqft · $758/sqft · 0 DOM
Sold · May ’26$1,200,000
480 NE 31 St # 2007, Miami FL 33137
3 bd · 3 ba · 1,649 sqft · $728/sqft · 24 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5501 NW 2nd Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5501 NW 2nd Ave — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5501 NW 2nd Ave FAQs
What would the monthly payment be for 5501 NW 2nd Ave, Miami FL 33127?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,743/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5501 NW 2nd Ave, Miami FL 33127?+
The most recent tax bill on record (2025) was $1,212. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $950,000, this home is listed about 56% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5501 NW 2nd Ave, Miami FL 33127?+
Toussaint L'Ouverture Elementary (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Related General Realty, LLC. · Carlos Guzon Michaels. MLS #A12033069.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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