5010 2nd Ave ,Other, Quadruplex, Railway Shops Addn 2nd Am for Sale

5010 2nd Ave for Sale

Price $1,056,000.00

• Lot size 0
• Year Build 1956
• Waterfront
• Zip 33127
• Style Other
• Parking Description
• Pool Yes
• Status Active

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!

24 53 41 RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 24 LESS E5FT ST BLK 24 LOT SIZE 57.540 X 106 OR 21761-4059 0903 5 COC 26136-4527 11 2007 1

Less Than 1/4 Acre Lot

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!

City:Miami,Zoning:4801,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.821775,Cooling Y N:1,Heating Y N:1,List Price:1056000,Listing Id:A11947228,Longitude:-80.2001667,Mls Status:Active,Year Built:1956,Postal Code:33127,Street Name:2nd Ave,Coordinates:1:25.821775,Photos Count:1,Building Name:RAILWAY SHOPS ADDN 2ND AM,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Railway Shops Addn 2nd Am,On Market Date:2026-01-16,Parcel Number:01-31-24-013-4700,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:5010,M I A M I R E_ Style:Fourplex,Public Remarks: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!,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-06-15,List Office Name:Miami New Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2171,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:RAILWAY SHOPS ADDN 2ND AM,Tax Annual Amount:18567,Total Actual Rent:78000,Unparsed Address:5010 NW 2nd Ave, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,Operating Expense:30685,Year Built Details:Resale,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,Original List Price:1056000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:47315,Syndication Remarks: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!,Listing Contract Date:2026-01-16,Originating System I D:miamire,Public Survey Section:24,Showing Instructions:Call Listing Agent,Street Number Numeric:5010,Tax Legal Description:24 53 41 RAILWY SHOPS ADD 2ND AMD PB 3-183 LOT 24 LESS E5FT ST BLK 24 LOT SIZE 57.540 X 106 OR 21761-4059 0903 5 COC 26136-4527 11 2007 1,M I A M I R E_ Current Price:1056000,Public Survey Township:31,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Fully leased 5-unit multifamily. Prime for short-term rental conversion to boost ROI. On 2nd Ave near Design District/Wynwood. Easy to show!,M I A M I R E_ Parcel Number M L X:4700,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.821775$-80.200116$319.67$13.33$1.00$BMq18zSMicBeTR2OiE0Kvw,Contract Status Change Date:2026-01-16,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:13,M I A M I R E_ Fill From Record_ M U I:417445253,M I A M I R E_ Agent Alternate Phone:786-287-6075,M I A M I R E_ Supplemental Remarks:Multifamily with 5 studio units, fully permitted, 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!,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:5010 NW 2nd Ave,Internet Automated Valuation Display Y N:1,