1121 NW 5th St, Miami, FL 33128
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: ana rasco
Office: compass florida, llc.305-213-9835
MLS#:A12060010
Source:SEFMLS
Price summary
- Price:$790,000
- Price per sq. ft.:$339.49
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.
Contact an agent
Home facts
- Year built:1927
- Subdivision & Development:LAWRENCE EST LAND CO
- Listing ID #:A12060010
- Updated:July 31, 2026 at 10:03 AM
Rooms and interior
- Living area:1,880 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1927
- Building area:1,880 sq. ft.
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$790,000
- Price per sq. ft.:$339.49
- Tax amount:$11,624 (2025)
Parking
- Total parking spaces:6
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