Railway Shops
Homes for Sale in Miami, FL
All 4,658 homes for sale in Miami, FL · median $520,990 · 163 homes for sale in 33127 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Railway Shops Addn 2ND Am in Miami, FL has 9 homes for sale and 1 pending, asking from $590,000 to $3,249,000 (median $1,169,000). Over the 12 months ending 2026-09-20, 12 recorded sales closed at a median of $627,500, $533 per square foot, a median 34 days on market, sellers accepting 93% of original asking (-12% versus the prior year). Homes listed or recently sold were built 1925–2026 with 1 new construction. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $11,040 ($10,330 with the full homestead exemption).
Last 30 days in Railway Shops: 4 new listings (median asking $1,024,500), 1 under contract right now. As of October 20, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Railway Shops
Live MLS inventory for Railway Shops. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Railway Shops listings as of 2026-10-20, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
Railway Shops right now
🔴 Off the recent peak. The trailing-12-month median ($628K) is down 12.2% from the prior 12 months ($715K) and up 946% since 2012. With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Medium (12 and 6 sales in the two windows).
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· Updated October 20, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Railway Shops market snapshot (as of September 20, 2026): the median sale price is about $628K ($533 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months and up 946% since 2012, computed from record-level MIAMI MLS closed sales (12 closings in the current window).
In ZIP 33127 (Miami), 128 homes closed in the last 12 months at a median of $630K ($533/sq ft), up 25.1% year over year, with a median 57 days on market. Right now 72 active and 10 pending listings — a balanced market. See the live ZIP 33127 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 142 homes in RAILWAY SHOPS that have changed hands since 2006, built between 1922 and 2026 (median 1948), with a median living area of about 1,500 sq ft and a typical 3-bedroom, 2-bath layout; 85% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
The setting & the homes.
Aerial and on-site photos of Railway Shops. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Railway ShopsPhotos from MIAMI MLS listings in Railway Shops; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($628K) IS the median in the snapshot above, and the move from 2025 ($715K) IS the -12.2% one-year change.
Windows contain 0 to 15 sales each (12 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
10% of homes for sale in Railway Shops are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Railway Shops Market Scorecard
Railway Shops is currently a balanced market., a median asking price of $1,169,000, and homes go under contract in about 70 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
The Railway Shops buying strategy.
If we were buying in Railway Shops today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Railway Shops.
A closer look at the Railway Shops market
At a median of $533 per square foot, Railway Shops prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 12% year over year. Homes that do trade take a median 35 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Railway Shops. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Railway Shops buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.0). Basis: Long-Term Appreciation +946% since 2012; Recent Direction -12.2% year-over-year; Pricing Power 92.7% sale-to-list. Refreshed with each data update.
Tools for a Railway Shops buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Railway Shops sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Railway Shops, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Railway Shops home worth?
Get a no-obligation home value based on real comparable sales in Railway Shops, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in RAILWAY SHOPS ADDN 2ND AM
Homes in RAILWAY SHOPS ADDN 2ND AM that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 187 NW 53rd St · off market
- 223 NW 51st St · off market
- 95 NW 52nd St · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33127 |
|---|---|
| Home types (current listings and sales) | singlefamilyresidence 100% |
| Sale prices, last 12 months | $627,500 median across 12 closed sales · $533 per sq ft · -12.2% vs the prior 12 months |
| Days on market (closed sales) | 34 median |
| For sale right now | 10 active, 1 pending · median asking $1,169,000 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Railway Shops key facts,” movewithmomentum.com/neighborhoods/railway-shops-addn-2nd-am, data as of September 20, 2026.
Just listed in Railway Shops
The newest homes for sale in Railway Shops right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 112 NW 53Rd St $1,050,000 · 4 bd · 4 ba · 2,357 sq ft · new today Courtesy of The Real Estate Lab, Inc.
- 355 NW 50Th St $999,000 · 3 bd · 3 ba · 1,676 sq ft · new today Courtesy of Hudson Burnham Real Estate
- 665 NW 50Th St $590,000 · 2 bd · 1 ba · 933 sq ft · 18 days on market Courtesy of Key 2 Know Property Mgmt
- 121 NW 53Rd St $1,169,000 · 5 bd · 3 ba · 1,779 sq ft · 19 days on market Courtesy of Compass Florida, LLC
- 58 NW 52Nd St $1,190,000 · 3 bd · 3 ba · 1,656 sq ft · 70 days on market Courtesy of Hudson Burnham Real Estate
- 15 NW 52Nd St $1,800,000 · 4 bd · 3 ba · 1,332 sq ft · 98 days on market Courtesy of Borque Group Realty, LLC.
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Railway Shops Addn 2Nd Am Right Now (10)
All 10 active and pending Railway Shops Addn 2Nd Am listings with a detail page, newest first, refreshed twice a day from the MLS.
- 112 NW 53rd St · $1,050,000 · 4 bd / 4 ba · listed Oct 16, 2026 · listed by The Real Estate Lab, Inc.
- 355 NW 50th St · $999,000 · 3 bd / 3 ba · listed Oct 16, 2026 · listed by Hudson Burnham Real Estate
- 665 NW 50th St · $590,000 · 2 bd / 1 ba · listed Sep 11, 2026 · listed by Key 2 Know Property Mgmt
- 121 NW 53rd St · $1,169,000 · 5 bd / 3 ba · listed Aug 22, 2026 · listed by Compass Florida, LLC
- 111 NW 53rd St · $1,169,000 · 5 bd / 3 ba · pending · listed Aug 14, 2026 · listed by Compass Florida, LLC
- 58 NW 52nd St · $1,190,000 · 3 bd / 3 ba · listed Jul 23, 2026 · listed by Hudson Burnham Real Estate
- 36 NW 51st St · $3,249,000 · 4 bd / 5 ba · listed Jul 22, 2026 · listed by Dezer Platinum Realty LLC
- 15 NW 52nd St · $1,800,000 · 4 bd / 3 ba · listed Jul 22, 2026 · listed by Borque Group Realty, LLC.
- 545 NW 52nd St · $1,380,000 · 4 bd / 2 ba · listed Jul 22, 2026 · listed by Realty Group of Miami, LLC
- 110 NW 52nd St · $639,900 · 4 bd / 2 ba · listed Jul 22, 2026 · listed by United Realty Group Inc.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- NW 52Nd Street (21 homes on record)
- NW 51St Street (14 homes on record)
- NW 53Rd Street (13 homes on record)
- NW 50Th Street (12 homes on record)
- NW 53 Street (9 homes on record)
- NW 51 Street (8 homes on record)
- NW 5 Avenue (7 homes on record)
- NW 52 Street (7 homes on record)
- NW 52Nd Street (4 homes on record)
- NW 5Th Avenue (4 homes on record)
- NW 50 Street (4 homes on record)
- NW 53 Street (4 homes on record)
What it really costs to own in Railway Shops
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $11,882/yr across 10 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1951 across 10 listings. An original roof here would be about 75 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Railway Shops
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Railway Shops
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Railway Shops will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Railway Shops?
How long do homes in Railway Shops take to sell?
Have Railway Shops home prices gone up?
Who is the best real estate agent for Railway Shops?
How do I find a top Miami real estate agent who knows Railway Shops?
Can Momentum Realty connect me with an agent for Railway Shops?
Where is Railway Shops, and what county is it in?
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: October 20, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (92 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how RAILWAY SHOPS ADDN 2ND AM fits the bigger picture — live prices, inventory, and Momentum Scores:
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More on Railway Shops
- Home values · What homes in Railway Shops actually sell for