BISCAYNE TERRACE
845 NE 121st St, North Miami FL 33161
1,942 ft²
$1,000,000
Est. Payment $5,322/mo
1,942
Sq. Ft.
1947
Year Built
1
Stories
46
Days on Market
Description
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.
Facts
- MLS#
- A11978086
- Subdivision
- BISCAYNE TERRACE
- Property Type
- Residential Income
- Property Sub Type
- Duplex
- Year Built
- 1947
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,942 ft²
- Sq. Mt.
- 180 m²
- Price per sq. ft.
- $515/ft²
- Price per sq. mt.
- $5,556/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 46 days
- Listed
- Mar 6, 2026
- Last Updated
- Apr 21, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for North Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/6/2026 | Listed for sale | $1,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
English Spanish International12 · private · 0.1 mi
- Sunflowers Preschool
UG · private · 0.2 mi
- Crystal Academy Primary School CAPS Intern
UG · private · 0.4 mi
- Ica Learning Centers of Americ
UG · private · 0.4 mi
- Auburndale Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Kinloch Park Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- Coral Gables Preparatory Academy
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
- Kinloch Park Middle School
6,7,8 · public · 0.9 mi
- Sunflowers Academy
KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
- Jose Marti School #2
4,5,6,7,8 · private · 0.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$6,306/mo
Principal & Interest
$5,322
Property Tax
$833
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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