845 NE 121st Street North Miami, FL $ 1,000,000
845 NE 121st Street
$ 1,000,000
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845 NE 121st Street

North Miami, FL, 33161
$ 1,000,000
Baths0.0 Sq 1,942

Monthly Estimate*

$ 6,157

845 NE 121st Street, North Miami, FL 33161 - Image 1
845 NE 121st Street, North Miami, FL 33161 - Image 2
Studio

Multi-Family Home for sale in North Miami, FL

for $1,000,000. This 1,942 square foot home was built in 1947.

Prime development opportunity in North Miami. Oversized 13,000 sq ft lot with existing income-producing duplex currently leased. The property received administrative approval from the city of North Miami to construct a 5 unit multifamily building, offering excellent redevelopment potential. Investors may choose to renovate and hold the existing duplex for rental income or move forward with the approval multifamily project. Also, an ideal opportunity to build a custom dream home on a large lot just minutes from Miami Shores, top schools and neighborhood shops. The exiting duplex is currently leased and in need of renovations. Tenant occupied, Do Not Disturb tenants or walk the property.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,469

Style

Year Built

1947

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A11978086

Features
General
Sewer Public Sewer
Heating Central Separate Meters Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Cable Available Sewer Available
Possession Close Of Escrow
Roof Shingle
Construction Materials Block
Year Built 1947
Property Subtype Duplex
Tax Year 2024
Gross Income 3700
County Miami-Dade
Property Type Residential Income
Subdivision Name BISCAYNE TERRACE
Status Active
High School North Miami
City North Miami
Disclosures Owner Is Listing Agent
Number Of Units Total 2
MLS Area 2220
Elementary School W.J. Bryan
Tax Annual Amount 10469
Middle/Junior High School North Miami
Standard Status Active
Property Sub Type Additional Duplex
Legal Description BISCAYNE TERRACE PB 26-15 LOTS 18 & 19 BLK 2 LOT SIZE 100.000 X 130 OR 20716-1695 09 2002 4 COC 25921-4279 08 2007 1
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Interior
Flooring Ceramic Tile Laminate Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features 1/4 to 1/2 Acre Lot
Total Parking 5
Building Area Total 2790
Waterfront Y/N false
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* Excluded Features
List By
Wendy Lavana

Listing Agent

Affordability Calculator

$7,030
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$872
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4205971 Middle School
North Miami High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$1,000,000 Listed Price

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845 NE 121st Street, North Miami, FL, 33161 is a Multi-Family Home for sale at $1,000,000 with 1,942 sqft. 845 NE 121st Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 33161 which is in North Miami, FL