Duplex in 845 NE 121st St North Miami for sale with MLS# A11978086

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.

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845 NE 121st St, North Miami, FL 33161

Price
Price:
$1,000,000.00
Original List Price:
$1,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
MLS Number:
A11978086
Description of Last Important Update:
New Listing
Last Major Update on:
March 6, 2026 3:15 pm
Measures
Living Area:
1,942 Sqft
Built-Up Area:
2,790 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Quarter To Half Acre Lot
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air, Wall/window Unit(s)
Heating
Heating System:
Central, Wall Furnace
Construction
Year Built:
1947
Year Built Details:
Effective Year Built
Roof:
Shingle
Levels:
One
Construction Materials:
Block
Flooring:
Wood, Laminate, Ceramic Tile, Hardwood
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$10,469.00
Tax Year:
2024
Property Tax Status:
Tax Reflects No Exemptions
Parking
Parking Total Spaces:
5
Covered Spaces:
0
Utilities
Sewer:
Public Sewer, Other
Utilities Available:
Cable Available
Community
Subdivision Name:
BISCAYNE TERRACE
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Survey
Disclosures:
Owner Is Listing Agent
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
06-22-30-018-0280
Zoning Description:
3700
Listing History
Originally published on:
March 6, 2026 3:15 pm
Active on the market since:
March 6, 2026
Price change occurred on:
March 6, 2026 3:15 pm
Listing Status Last Changed On:
March 6, 2026 3:15 pm
Photos updated on:
March 6, 2026 8:42 pm
Last Modified:
March 9, 2026 12:10 am
Additional Information
Flood Zone:
AE
Type of Association:
None
Style:
Duplex
Municipal Code:
17
Subdivision Number:
18
Courtesy of:
Torque Property Management
Attribution:
Not provided
Location
Street Name:
121st St
Street Number:
845
City:
North Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 53' 13.5''
Longitude:
W81° 49' 7.2''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.