1121 Nw 5th Street, Miami, FL

$790,000

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1,880

Square feet

About 1121 Nw 5th Street

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.

Features of 1121 Nw 5th Street

MLS® # A12060010
Price $790,000
Square Footage 1,880
Year Built 1927
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information

Address 1121 Nw 5th Street
Area 2410
Subdivision LAWRENCE EST LAND CO
City Miami
County Miami-Dade
State FL
Zip Code 33128
HOPA No Hopa

Amenities

Utilities Cable Not Available
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Other
# of Stories 1

Exterior

Roof Shingle
Construction CBS

School Information

Elementary Riverside (Miami-Dade)
Middle Jose De Diego
High Booker T. Washington

Additional Information

Zoning 3900
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass Florida, LLC

Listing Map

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