Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
1,880 sqft

$790,000

1121 NW 5th Street, Miami FL, 33128

Price per sqft$420.21
Built in1927
Property size1,880 sqft
Property typeMulti-family

Overview

Active

Listed Jul 27, 2026

Updated 2 weeks ago

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.

$5,256/mo

Est. mortgage payment based on a $790,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$11,624
Tax Frequency
Annually

Listed with Compass Florida, LLC

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2026 Association of Palm Beaches. All rights reserved. 

Data last updated 12:37 PM UTC, 9/23/2026

 

Powered by Luxury Presence