1121 5th Street, Miami, FL 33128

$790,000 — Active

Property Features

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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

  • Listing ID: A12060010
  • Status: Active
  • Listing Date: 2026-07-27
  • Property Type: Duplex
  • Subdivision: LAWRENCE EST LAND CO
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 1,880
  • Lot Dimensions: 7500
  • Year Built: 1927

Financial

  • List Price: $790,000
  • HOA Fee: None
  • Taxes: $11,624/yr

Features & Amenities

  • Cooling: Other
  • Heating: Electric
  • Flooring: Other
  • Construction: CBS
  • Roof: Shingle

Courtesy of Compass Florida, LLC
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 11, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.