1121 NW 5th Street
Miami, FL 33128
3
Bed
22
Bath
1,880Sqft
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Other
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Building Information
Year Built: 1927Building Area Total: 2327Construction Materials: BlockPrivate Pool: No
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Lot Information
Lot Dimensions: 7500Property Information
Subdivision: LAWRENCE EST LAND CO Source Property Type: ResidentialIncome Postal Code Plus 4: 1016 Property SubType: Duplex Property Age: 99
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Listing Price Information
Listing Price: $790000Conventional
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Tax Information
Parcel Number: 0141020050470 Tax Year: 2025 Annual Tax: $11624 Tax Legal Desc: 2 - 54 - 41 PB 2 - 46 LAWRENCE ESTATE LAND COS SUB LOT 18 BLK 3 LOT SIZE 7500 SQ FT OR 15081-484 0691 4
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Parking Information
Parking Total: 6
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School Information
Elementary School: Riverside (Miami-Dade) Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Utility Information
CableNotAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 325 NW 7th Ave, Miami, FL, 33128 | $3,500,000 | 4 | 4 | 1,726 | 1,726 SqFt |
| 1068 NW 5th St, Miami, FL, 33128 | $1,990,000 | 12 | 17 | 4,480 | 4,480 SqFt |
| 1126 NW 3rd Street, Miami, FL, 33128 | $895,000 | 6 | 4 | 2,881 | 2,881 SqFt |
| 761 NW 1st Street, Miami, FL, 33128 | $5,100,000 | -- | -- | 9,804 | 9,804 SqFt |
| 114 NW 10th Avenue, Miami, FL, 33128 | $750,000 | -- | -- | 1,347 | 1,347 SqFt |
| 1132 NW 3rd Street, Miami, FL, 33128 | $2,250,000 | -- | -- | 4,948 | 4,948 SqFt |
Similar Multifamily To 1121 NW 5th Street
Nearby For Sale
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ByOwner last updated this listing 07/29/2026 @ 02:20
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