1121 NW 5th St, Miami, FL 33128

Miami
Local realty services provided by:First Service Realty ERA Powered
1121 NW 5th St,Miami, FL 33128
$790,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,880 sq. ft.
  • Multi-family
  • Active
Listed by: ana rasco, orlando abella
Office: compass florida, llc.305-697-2904
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.

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Home facts

  • Year built:1927
  • Subdivision & Development:LAWRENCE EST LAND CO
  • Listing ID #:A12060010
  • Updated:October 31, 2026 at 09:59 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.
  • Lot Features:Flood Zone
  • 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
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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