1121 5th St ,Detached, Duplex, Lawrence Est Land Co for Sale

1121 5th St for Sale

Price $790,000.00

• Lot size 2327
• Year Build 1927
• Waterfront
• Zip 33128
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

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

Less Than 1/4 Acre Lot

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.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.7786116,Cooling Y N:1,Heating Y N:1,List Price:790000,Listing Id:A12060010,Longitude:-80.2136082,Mls Status:Active,Year Built:1927,Living Area:1880,Postal Code:33128,Street Name:5th St,Coordinates:1:25.7786116,Photos Count:6,Building Name:LAWRENCE EST LAND CO,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Lawrence Est Land Co,On Market Date:2026-07-27,Parcel Number:01-41-02-005-0470,Parking Total:6,Property Type:Residential Income,Stories Total:1,Street Number:1121,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-02-22,List Office Name:Compass Florida, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1016,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:LAWRENCE EST LAND CO,Tax Annual Amount:11624,Unparsed Address:1121 NW 5th St, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2327,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:420.2128,Original List Price:790000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2026-07-27,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:Call Listing Agent,No Sign,Street Number Numeric:1121,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,M I A M I R E_ Current Price:790000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1880,M I A M I R E_ Internet Remarks:Development Opportunity! 2/1 and 1/1 homes generating passive income on 7,500 SF lot with potential for 6 unit multifamily development project.,M I A M I R E_ Parcel Number M L X:0470,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.778651$-80.213584$303.53$13.33$1.00$jX439NAZyXY92rvnkDe_wA,Contract Status Change Date:2026-07-27,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:5,M I A M I R E_ Agent Alternate Phone:305-213-9835,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1121 NW 5th St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:420.21,Internet Automated Valuation Display Y N:1,