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For sale
  • Price cut: $50K (6/22)
    $950,000

    845 NE 121st St, North Miami, FL 33161

    5beds
    2baths
    1,942sqft
    : 
    $6,490/mo
    Get pre-qualified
    Duplex
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $489/sqft
    $-- HOA

    What's special

    Large lot
    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.
    142 days
    |
    169
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Lavana 305-316-4245,

    Torque Property Management

    Source: MIAMI,MLS#: A11978086MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Central, Window/Wall
      Cooling
      • Central Air, Wall/Window Unit(s)
      Features
      • Flooring: Ceramic Tile, Wood
      Interior area
      • Total structure area: 2,790
      • Total interior livable area: 1,942 sqft

      Property

      Parking
      • Total spaces: 5
      Features
      • Stories: 1
      Lot
      • Features: 1/4 To Less Than 1/2 Acre Lot
      Details
      • Parcel number: 0622300180280
      • Zoning: 3700

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Duplex
      Materials
      • Concrete Block Construction
      • Roof: Shingle
      Condition
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer, Other

      Community & HOA

      Community
      • Subdivision: Biscayne Terrace
      HOA
      • Has HOA: No
      Location
      • Region: North Miami

      Financial & listing details

      • Price per square foot: $489/sqft
      • Tax assessed value: $674,104
      • Annual tax amount: $10,469
      • Date on market: 3/6/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Price change$950,000-5%$489/sqft
        Source: MIAMI #A11978086 Report a problem
        3/6/2026Listed for sale$1,000,000+471.4%$515/sqft
        Source: MIAMI #A11978086 Report a problem
        12/16/2012Listing removed$1,100$1/sqft
        Source: Keller Williams Eagle Realty #A1691728 Report a problem
        12/13/2012Sold$175,000-12.1%$90/sqft
        Source: Public Record Report a problem
        10/23/2012Price change$199,000-0.3%$102/sqft
        Source: Keller Williams Eagle Realty #A1691690 Report a problem
        9/22/2012Listed for sale$199,500+91.8%$103/sqft
        Source: Keller Williams Eagle Realty #A1691690 Report a problem
        6/16/2012Listing removed$104,000$54/sqft
        Source: Listhub #A1560170 Report a problem
        6/15/2012Listed for sale$104,000-12.6%$54/sqft
        Source: Listhub #A1560170 Report a problem
        12/18/2011Listing removed$119,000$61/sqft
        Source: Listhub #A1560170 Report a problem
        12/9/2011Price change$119,000-17.9%$61/sqft
        Source: Listhub #A1560170 Report a problem
        12/3/2011Price change$145,000-12.1%$75/sqft
        Source: Listhub #A1560170 Report a problem
        10/11/2011Listed for sale$165,000-54.2%$85/sqft
        Source: Listhub #A1560170 Report a problem
        3/30/2011Listing removed$1,100$1/sqft
        Source: Fortune International Realty #M1477265 Report a problem
        2/28/2011Listed for rent$1,100$1/sqft
        Source: Fortune International Realty #M1477265 Report a problem
        9/13/2007Sold$360,000+55.9%$185/sqft
        Source: Public Record Report a problem
        12/24/2003Sold$230,900+77.6%$119/sqft
        Source: Public Record Report a problem
        9/15/1999Sold$130,000+113.1%$67/sqft
        Source: Public Record Report a problem
        11/30/1994Sold$61,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,452 +5.9%$450,129 +10%
        2024$10,817 +9.6%$409,209 +10%
        2023$9,872 +17.9%$372,009 +10%
        2022$8,370 +8.6%$338,190 +10%
        2021$7,710 +11.3%$307,446 +10%
        2020$6,926 +12.3%$279,497 +10%
        2019$6,167 +8.7%$254,089 +10%
        2018$5,671 $230,990 +10%
        2017$5,671 +4.7%$209,991 +10%
        2016$5,415 +5.8%$190,901 +10%
        2015$5,118 +27.4%$173,547 +10%
        2014$4,017 +39.3%$157,770 +10%
        2013$2,884 $143,428 -10.1%
        2012$2,884 -4.7%$159,507 -2.3%
        2011$3,026 -10.1%$163,293 -4%
        2010$3,366 -32.3%$170,159 -31.6%
        2009$4,973 -11.4%$248,853
        2006$5,613 --
        2005$5,613 +103.9%--
        2003$2,753 +19.5%--
        2002$2,303 --
        2001$2,303 --
        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central

        Getting around

        83 / 100
        Very Walkable
        41 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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