Multifamily in North Miami, FL 33161Biscayne Terrace, 845 NE 121st St
OFF MARKET
Beds
1,942
SqFt$463
$/SqFtMultifamilyProperty Type
1947Year Built
$463/SqFtPrice per sq ft
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.
Listing Courtesy Of: Torque Property Management
Local Realty Services Provided By: Best of Luxury Realty
On Site: 251 DaysUpdated: 108 Days agoPage Views: 0
Features
MLS Number: A11978086
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
Apples-to-Apples Comparables
Price History
Current
$899K
High
$1M
Low
$899K
Total Change
-10.1%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 Lavana • Torque Property Management • Buyer Agency Compensation .
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Community Snapshot
1,440 - 1,942
SqFt Range
1953
Year Build
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