1121 NW 5th Street, Miami, FL 33128 (MLS# A12060010)

1121 NW 5th Street, Miami, FL 33128

New Listing
$790,000
Property Type: Residential Income Square Footage: 2,327 Status: Active
Current Price: $790,000 List Date: 7/27/2026 Last Modified: 7/27/2026

Overview

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.

Listing Details MLS# A12060010

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2327
Living Area Main
1880
Adjusted Area Main
1880
Year Built
1927
Parking Total
6
Lot Size Dimensions
7500
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: None Flooring: Other Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Other Heating: Electric Listing Terms: Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Showing Requirements: Call Listing Agent; No Sign Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
790000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1121
Street Direction Prefix
NW
Street Name
5th
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33128
Postal Code +4
1016
Postal Zip
33128
Subdivision Name
LAWRENCE EST LAND CO
Area
2410
Elementary School
Riverside (Miami-Dade)
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141020050470
Subdivision Number
5
Zoning
3900
Flood Zone
AE

Financial Information

Tax Annual Amount
11624
Tax Year
2025
Tax Legal Description
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
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-07-27T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-07-27

More Information

Income and Expenses

Gross Income
2326

Unit 1 Details

Actual Rent
1376
Baths Full
21
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
950
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
420.21

Section Details

Parcel Number MLX
0470

Originating Details

Originating System Key
535971088
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Other
Yes

Property Condition

Resale
Yes

Documents Available

None
Yes

Structure Type

Duplex
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Not Available
Yes

Heating

Electric
Yes

Construction Materials

CBS
Yes

Listing Terms

Conventional
Yes

Roof

Shingle
Yes

Cooling

Other
Yes

Showing Requirements

Call Listing Agent
Yes
No Sign
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Parking Features

Open Parking
Yes
IDX
Listing Office: Compass Florida, LLC
Last Updated: July - 27 - 2026
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