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.
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.
Property Details
Price:
$790,000
MLS #:
A12060010
Status:
Active
Beds:
0
Baths:
0
Address:
1121 NW 5th St
Type:
Multi Family
Subtype:
Duplex
Subdivision:
LAWRENCE EST LAND CO
Neighborhood:
lawrenceestlandco
City:
Miami
Listed Date:
Jul 27, 2026
State:
FL
Finished Sq Ft:
1,880
Total Sq Ft:
2,327
ZIP:
33128
Year Built:
1927
Units:
2
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Schools
Interior
Cooling
Other
Flooring
Other
Heating
Electric
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2025
Taxes
$11,624
Map
Community
- Address1121 NW 5th St Miami FL
- SubdivisionLAWRENCE EST LAND CO
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
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