$1,056,000

5010 NW 2nd Ave Miami, FL 33127

Little Haiti Neighborhood

Estimated payment $7,146/month

Total Views 2,006
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Tile Flooring
  • Heating Available
  • 3-minute walk to Buena Vista Park

About This Home

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 Agent

Yenitze Molina

Miami New Realty Brokerage Email: ym@yenitzemolinarealtor.com License #3281745 Listed on: 01/16/2026

Miami New Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,567

Year Built

  • Built in 1956

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-31-24-013-4700

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Railway Shops Addn 2Nd Am Condos
  • Railway Shops Addn 2Nd Am Subdivision

Building Details

  • Operating Expense $30,685
  • Net Operating Income $47,315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,567

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Attribution Contact: ym@yenitzemolinarealtor.com
  • CurrentPrice: 1056000
  • InternetRemarks: Fully leased 5-unit multifamily. Prime for short-term rental conversion to boost ROI. On 2nd Ave near Design District/Wynwood. Easy to show!
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-4700
  • Zoning: 4801

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 47315
  • Number Of Units In Community: 4
  • Annual Operating Expense: 30685
  • Total Actual Rent: 78000

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 18567

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,285 $1,113,823 -- --
2024 $24,537 $1,012,567 $625,000 $387,567
2023 $24,537 $966,462 $596,375 $370,087
2022 $23,174 $1,027,724 $0 $0
2021 $19,851 $934,295 $596,375 $337,920
2020 $19,282 $938,024 $596,375 $341,649
2019 $19,795 $927,337 $596,375 $330,962
2018 $15,415 $776,507 $596,375 $180,132
2017 $17,648 $833,082 $0 $0
2016 $7,628 $349,497 $0 $0
2015 $7,295 $325,596 $0 $0
2014 $6,713 $295,997 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2026 01/16/26 For Sale $1,056,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $825,000 Attorney
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11947228

MIAMI REALTORS® MLS

APN: 01-3124-015-0020

Florida Miami/Dade County Miami 33127 Little Haiti

5010 NW 2nd Ave, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Yenitze Molina
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Miami New Realty
(786) 287-6075
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