$790,000

1121 NW 5TH ST, MIAMI, FL 33128

0 baths1,880 sq ft2 to 4 unitsBuilt 1927
Updated today, November 3, 2026

This home against East Little Havana

$420 per sq ft, 5% under the East Little Havana median
101 days on the market
$11,624 in property taxes (2025)

East Little Havana today: 71 homes for sale, median list price $739,000.

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.

Zoned schools

Elementary: Riverside Elementary School
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Riverside Park, 0.2 mi
Beach: Hobie Island Beach, 1.5 mi
Grocery: Presidente Supermarket, 0.4 mi

Distances from the center of East Little Havana, MIAMI.

Listing courtesy of Compass Florida, LLC. MLS# A12060010.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed July 25, 2026.

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