845 NE 121st Street
North Miami, FL 33161
5
Bed
2
Bath
1,942Sqft
Prime development opportunity in North Miami. Oversized 13,000 sq ft lot with existing income-producing duplex currently leased. The property received administrative approval from the city of North Miami to construct a 5 unit multifamily building, offering excellent redevelopment potential. Investors may choose to renovate and hold the existing duplex for rental income or move forward with the approval multifamily project. Also, an ideal opportunity to build a custom dream home on a large lot just minutes from Miami Shores, top schools and neighborhood shops. The exiting duplex is currently leased and in need of renovations. Tenant occupied, Do Not Disturb tenants or walk the property.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, SeparateMeters, WallFurnace Has Cooling: Yes Cooling: CentralAir, WallWindowUnits
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Building Information
Year Built: 1947Building Area Total: 2790Construction Materials: BlockPrivate Pool: No
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Lot Information
Lot Description: QuarterToHalfAcreLotProperty Information
Subdivision: BISCAYNE TERRACE Source Property Type: ResidentialIncome Postal Code Plus 4: 6315 Property SubType: Duplex Property Age: 79
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Listing Price Information
Listing Price: $1000000Cash, Conventional
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Tax Information
Parcel Number: 0622300180280 Tax Year: 2024 Annual Tax: $10469 Tax Legal Desc: BISCAYNE TERRACE PB 26-15 LOTS 18 & 19 BLK 2 LOT SIZE 100.000 X 130 OR 20716-1695 09 2002 4 COC 25921-4279 08 2007 1
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Parking Information
Parking Total: 5
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School Information
Elementary School: W.J. Bryan Junior High School: North Miami Senior High School: North Miami -
Utility Information
CableAvailable, SewerAvailable -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Residentialincome, North Miami, FL, 33161 | $640,000 | 4 | 2 | 1,712 | 1,712 SqFt |
| Residentialincome, North Miami, FL, 33161 | $519,900 | 4 | 2 | 1,426 | 1,426 SqFt |
| 460 NE 132nd St, North Miami, FL, 33161 | $650,000 | 4 | 3 | 1,727 | 1,727 SqFt |
| 551-553 NE 133rd St, North Miami, FL, 33161 | $675,000 | -- | -- | 2,000 | 2,000 SqFt |
| 340 NE 125th St, North Miami, FL, 33161 | $1,550,000 | 3 | 5 | 3,289 | 3,289 SqFt |
| 14155 NE 14th Ave, North Miami, FL, 33161 | $675,000 | 6 | 3 | 2,304 | 2,304 SqFt |
| 555 NE 127th Street, North Miami, FL, 33161 | $1,175,000 | -- | -- | 2,018 | 2,018 SqFt |
| 525 NE 132nd Terrace, North Miami, FL, 33161 | $705,000 | 2 | 1 | 2,168 | 2,168 SqFt |
Similar Multifamily To 845 NE 121st Street
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 09:33
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