1121 NW 5th Street, Miami, FL 33128

$790,000 · Active

  • 0 baths
  • 1,880 sq ft
  • Duplex
  • Built 1927
  • MLS# A12060010
  • Lawrence Est Land Co
Photo 1 at 1121 NW 5th Street, MiamiPhoto 2 at 1121 NW 5th Street, MiamiFront view at 1121 NW 5th Street, Miami7500 Sq Ft lot at 1121 NW 5th Street, MiamiPhoto 5 at 1121 NW 5th Street, MiamiPossible development.AI generated at 1121 NW 5th Street, Miami

About this home

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.

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · Listing agent: Ana L Rasco

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1121 NW 5th Street.

Questions About 1121 NW 5th Street

How much is 1121 NW 5th Street?
1121 NW 5th Street is listed at $790,000, which is about $420 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1121 NW 5th Street?
The listing reports annual property taxes of $11,624 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1121 NW 5th Street built?
1121 NW 5th Street was built in 1927 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1121 NW 5th Street been on the market?
1121 NW 5th Street has been listed for 59 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1121 NW 5th Street?
The MLS lists Riverside (Miami-Dade) (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1121 NW 5th Street?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 2135 NW 1st Terrace, Miami, FL 33125 is comparable and listed for sale at $849,000. Another comparable home, 2110 NW 24th Street, Miami, FL 33142, sold for $850,000 in September 2026. Other Miami neighborhoods include Downtown Miami and Upper East Side. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Coconut Grove, and Coral Gables. Compare it with the Miami housing market report.