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.
- Swimming Pool
- Heating System
- Cooling System
- Roof:
- Shingle
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33128
- Street:
- 1121 Nw 5th St, Miami, Florida 33128
- Longitude:
- W81° 47' 11.1''
- Latitude:
- N25° 46' 43''
- Building Area:
- 2,327 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 1
- DOM:
- 1
- Flooring:
- Other
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 01-41-02-005-0470
- Subdivision Name:
- LAWRENCE EST LAND CO
- Tax Annual Amount:
- $11,624
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1121 Nw 5th St, Miami, Florida 33128, Miami, Florida 33128
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $790,000
- Square Footage :
- 1,880 Sqft
- Year Built :
- 1927
- MLS # :
- A12060010
- Property Sub Type :
- Duplex
