1121 NW 5th Street, Miami, FL 33128

$790,000
1,880
SqFt

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List Price
$790,000
Days on Market
17
MLS#
A12060010
Year Built
1927
Living Area
1,880
MLS Area Major
2410

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.

Additional Information

Taxes
$11,624
Utilities
Cable Not Available
Heating
Electric
Air Conditioning
Other
Exterior Construction
Block
Roof
Shingle
Elementary School
Riverside (Miami-Dade)
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Compass Florida, LLC.

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