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$1,000,00096 days on marketActive

845 NE 121st Street, North Miami, FL 33161

North Miami, FL 33161
1,942
Sq Ft
$515
$/Sq Ft
1947
Year Built

Listing Snapshot

List Price$1,000,000
Price / Sq Ft$515
Beds0
Baths0
Living Area1,942 sqft
Year Built1947
Property Tax$10,469/yr
MLS #1154542362
StatusActive
Days on Market96

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

ElementaryW.J. Bryan
MiddleNorth Miami
HighNorth Miami

Map

Listed by Wendy Lavana · Torque Property Management
MLS# 1154542362 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $800,000

%
Est. Monthly$6,330
Principal & Interest$5,457
Property Tax$872

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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