$790,000

1121 NW 5th St, Miami FL 33128

96 days on market

Living area
1,880 sqft
Price per sqft
$420
Type
Duplex
Year built
1927
Taxes
$11,624/yr
MLS #
A12060010

About this home

Prime Development Opportunity! Exceptional opportunity to acquire 7,500-square-foot lot in rapid developing Riverside neighborhood, just minutes from LoanDepot Park (formerly Marlins Stadium). This property offers the potential to develop a 3 story 6-unit multifamily residential project in the heart of Little Havana. The existing improvements include a 2-bedroom, 1-bath single-family home and a separate 1-bedroom, 1-bath residence. Together, the two units are currently generating rental income, providing immediate cash flow while development plans and permitting are underway. Whether you're an investor or developer, this property offers an excellent combination of current income and future development potential in one of Miami's most active growth corridors.

Estimated subtotal

$969/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$969
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Miami, 33128

What to check here

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Listing courtesy of Compass Florida, LLC

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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