845 NE 121st Street, North Miami, FL 33161
Listing Snapshot
| List Price | $1,000,000 |
| Price / Sq Ft | $515 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,942 sqft |
| Year Built | 1947 |
| Property Tax | $10,469/yr |
| MLS # | 1154542362 |
| Status | Active |
| Days on Market | 96 |
About This Home
Prime development opportunity in North Miami. Oversized 13,000 sq ft lot with existing income-producing duplex currently leased. The property received administrative approval from the city of North Miami to construct a 5 unit multifamily building, offering excellent redevelopment potential. Investors may choose to renovate and hold the existing duplex for rental income or move forward with the approval multifamily project. Also, an ideal opportunity to build a custom dream home on a large lot just minutes from Miami Shores, top schools and neighborhood shops. The exiting duplex is currently leased and in need of renovations. Tenant occupied, Do Not Disturb tenants or walk the property.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 1
- Parking Spaces
- 5
- Zoning
- 3700
- Utilities
- CableAvailable,SewerAvailable
- Subdivision
- BISCAYNE TERRACE
Interior Features
- Flooring
- CeramicTile,Laminate,Wood
- Heating
- Central,SeparateMeters,WallFurnace
- Cooling
- CentralAir,WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Lot Features
- QuarterToHalfAcreLot
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2220
Schools
Map
MLS# 1154542362 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $800,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.