Duplex in 1121 NW 5th Street, Miami, FL 33128 for sale with MLS# A12060010

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.

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1121 NW 5th Street, Miami, FL 33128

Price
Price:
$790,000.00
Original List Price:
$790,000.00
List Price per Sq Ft (Calculated, Approx.):
$420.21
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
New Listing
Last Major Update on:
July 27, 2026 4:00 am
Measures
Living Area:
1,880 Sqft
Built-Up Area:
2,327 Sqft
Lot Size Dimensions and Info:
7500
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Electric
Construction
Year Built:
1927
Roof:
Shingle
Number of Units Total:
2
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$11,624.00
Tax Year:
2025
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Community
Subdivision Name:
LAWRENCE EST LAND CO
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
0141020050470
Zoning:
3900
Public Schools Assigned
Elementary School:
Bennett
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
July 27, 2026
Listing Agreement executed on:
July 27, 2026
Listing Status Last Changed On:
July 27, 2026 4:00 am
Photos updated on:
July 28, 2026 4:12 pm
Last Modified:
July 28, 2026 4:12 pm
Additional Information
Courtesy of:
Compass Florida, LLC
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
1121
City:
Miami
State:
Florida
Zip Code:
33128
County:
Miami-Dade
Latitude:
N25° 46' 43.1''
Longitude:
W81° 47' 11.1''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

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

Median Household Income $36,308
Median Home Value N/A
Median Rent $1,316/mo
Median Age 44
Population 9,018

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 1121 NW 5th Street, Miami, FL 33128
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.