845 NE 121st Street, North Miami, FL 33161 (MLS# A11978086)

845 NE 121st Street, North Miami, FL 33161

$950,000
Property Type: Residential Income Square Footage: 2,790 Status: Active
Current Price: $950,000 List Date: 3/06/2026 Last Modified: 7/12/2026

Overview

Description

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.

Listing Details MLS# A11978086

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
2790
Living Area Main
1942
Adjusted Area Main
2303
Year Built
1947
Parking Total
5
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Existing Survey; Rent Rolls Flooring: Ceramic Tile; Laminate; Wood Structure Type: Duplex Construction Materials: Block Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Separate Meters; Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available; Sewer Available Showing Requirements: Appointment Only Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Other Unit 1 Rooms: Family Room Unit 2 Parking Features: Other Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1000000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
845
Street Direction Prefix
NE
Street Name
121st
Street Suffix
Street
City Name
North Miami
Municipal Code
17
State Or Province
FL
Postal Code
33161
Postal Code +4
6315
Postal Zip
33161
Subdivision Name
BISCAYNE TERRACE
Area
2220
Elementary School
W.J. Bryan
Middle Or Junior School
North Miami
High School
North Miami
Parcel Number
0622300180280
Subdivision Number
18
Zoning
3700
Flood Zone
AE

Financial Information

Tax Annual Amount
10469
Tax Year
2024
Tax Legal Description
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

Status Change Information

Major Change Timestamp
2026-06-22T19:50:37Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-22T19:50:37Z
Status Change Date
2026-03-06

More Information

Income and Expenses

Gross Income
3700

Unit 1 Details

Actual Rent
1850
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
1850
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
489.18

Section Details

Parcel Number MLX
0280

Originating Details

Originating System Key
438513853
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Ceramic Tile
Yes
Laminate
Yes
Wood
Yes

Documents Available

Existing Survey
Yes
Rent Rolls
Yes

Structure Type

Duplex
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes

Heating

Central
Yes
Separate Meters
Yes
Window/Wall
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Shingle
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Other
Yes

Unit 1 Rooms

Family Room
Yes

Unit 2 Parking Features

Other
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Documents

IDX
Listing Office: Torque Property Management
Last Updated: July - 12 - 2026
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