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0 Beds
0 Baths
1,880 sqft

$790,000

1121 NW 5th St, Miami FL, 33128

Price per sqft$420.21
Built in1927
Property size1,880 sqft
Property typeResidential

Overview

Active

Updated 3 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

Courtesy of Compass Florida, LLC with ,
Listing Contact:  

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