# 5001 NW 1st Ave, Miami, FL 33127

> **TL;DR:** land, $1,200,000. Est. $5,200/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Lot Size | 8,616 sqft (0.20 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Property Highlights

- 0.20 acre lot

## Description

### Agent Description
Exceptional opportunity to own one of the largest single-parcel lots near the Miami Design District. Zoned for a single-family residence with an ancillary unit, this fenced corner lot features an existing pool and offers exceptional potential for investors, developers, or end users looking to build a custom home in one of Miami’s most sought-after neighborhoods.

The expansive lot size provides ample space for a substantial residence with generous outdoor living areas while still preserving privacy and flexibility in design. Ideally located near the Design District, Midtown, Wynwood, and major roadways, this is a rare opportunity to secure a premier lot in one of Miami’s most desirable locations.

Buyer to verify zoning, land use, building restrictions, and development potential with the appropriate municipal authorities.

## Location

- **Address:** 5001 NW 1st Ave, Miami, FL 33127
- **County:** Miami-Dade
- **Neighborhood:** Railway Shops Addn 2nd Am

## Listing Agent

- **Name:** Hernan Olivera
- **Brokerage:** Florida Realty of Miami Corp
- **Phone:** 3052180887
- **Email:** hernan310@gmail.com

## Primary Photo

![5001 NW 1st Ave - Primary Photo](http://lh.rdcpix.com/ef94660fdae5433f1813a4ceec90e3a8l-f1764893911r.jpg)

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**MLS#:** A12015572 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5001-nw-1st-ave-miami-fl-33127-12015572)

---

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