1121 Nw 5th St, Miami, FL 33128
- $790,000
- 1,880
- SqFt
- List Price
- $790,000
- Status
- ACTIVE
- Days on Market
- 46
- MLS#
- A12060010
- Subtype
- Residential Income
- Style
- Duplex
- Year Built
- 1927
- Living Area
- 1,880
- Subdivision
- Lawrence Est Land Co
- Building Name
- Lawrence Est Land Co
Property Description
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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Additional Information
- Taxes
- $11,624
- Community Features
- Lawrence Est Land Co
- Property Description
- Duplex
- Zoning
- 3900
- Flooring
- Other
- Heating
- Electric
- Air Conditioning
- Other
- Exterior Construction
- CBS Construction
- Stories
- 1
- Roof
- Shingle
Listing Courtesy of Compass Florida, LLC, Contact: