1121 NW 5th Street, Miami, FL 33128
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Active

$790,000

1121 NW 5th Street, Miami, FL 33128

Beds
0 Baths
1,880 Sq Ft
1927 Year Built

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.

Property Details

MLS Number
A12060010
Property Type
Duplex
City
Miami
County
Miami-Dade
Subdivision
LAWRENCE EST LAND CO
Garage
spaces