Multifamily in North Miami, FL 33161
Biscayne Terrace, 845 NE 121st St

$1M10.1%
$899,000
1,942
SqFt
Status
OFF MARKETExpired
Size
1,942 SqFt (180 m2)
Price
$463/SqFt ($4,983/m2)
Type
Multifamily
Built
1947
MLS Number
A11978086
On Site
193 Days
Updated
49 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile, Hardwood, Laminate, Wood
        • Year Built: 1947
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-03-06T15:15:11.000-00:00
          Taxes, Fees & More
          • Taxes: 10469

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          Price History

          Current
          $899K
          High
          $1M
          Low
          $899K
          Total Change
          -10.1%
          $1M$950K$887KMar 26Jun 26Jun 26Jun 26Jul 26
          Date
          Event
          Price
          Change
          Price Per
          07/27/2026
          Price Reduced
          $899K
          -5.37%
          $463 ft2
          $4,983 m2
          06/22/2026
          Price Reduced
          $950K
          0%
          $489 ft2
          $5,266 m2
          06/22/2026
          Price Reduced
          $950K
          -5%
          $489 ft2
          $5,266 m2
          06/11/2026
          Price Reduced
          $1M
          0%
          $515 ft2
          $5,543 m2
          03/06/2026
          Listed
          $1M
           
          $515 ft2
          $5,543 m2
          07/27/2026
          $899K
          Event
          Price Reduced
          Change
          -5.37%
          Price Per
          $463 ft2
          $4,983 m2
          06/22/2026
          $950K
          Event
          Price Reduced
          Change
          0%
          Price Per
          $489 ft2
          $5,266 m2
          06/22/2026
          $950K
          Event
          Price Reduced
          Change
          -5%
          Price Per
          $489 ft2
          $5,266 m2
          06/11/2026
          $1M
          Event
          Price Reduced
          Change
          0%
          Price Per
          $515 ft2
          $5,543 m2
          03/06/2026
          $1M
          Event
          Listed
          Price Per
          $515 ft2
          $5,543 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Wendy LavanaTorque Property Management • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          83

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          41

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          54

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          31

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          1,440 - 1,942
          SqFt Range
          1953
          Year Build