1121 NW 5th Street, Miami, FL 33128
Listing Snapshot
| List Price | $790,000 |
| Price / Sq Ft | $420 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 1,880 sqft |
| Year Built | 1927 |
| Property Tax | $11,624/yr |
| MLS # | 1178365887 |
| Status | Active |
| Days on Market | 1 |
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 1
- Parking Spaces
- 6
- Zoning
- 3900
- Utilities
- CableNotAvailable
- Subdivision
- LAWRENCE EST LAND CO
Interior Features
- Flooring
- Other
- Heating
- Electric
- Cooling
- Other
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2410
Schools
Map
Virtual Tour
View Virtual TourMLS# 1178365887 · BEACH
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Estimate Your Payment
20% down · Loan: $632,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.