1075 NE 120th St, Biscayne Park FL 33161
About this home
Rare opportunity to acquire an oversized ±10,200 SqFt lot in a rapidly developing and highly desirable area. While the existing residence is a charming 2-bedroom, 1-bath home, the true value of this property lies in the land and its exceptional future potential. Ideal for investors, developers, builders, or end users looking to create a custom dream home or explore redevelopment opportunities. The expansive lot offers endless possibilities for expansion, new construction, outdoor entertainment areas, pool, guest house, or luxury landscaping concepts. Properties with this lot size are becoming increasingly difficult to find in this centrally located neighborhood experiencing continuous growth and redevelopment. Conveniently located near major highways, shopping, dining, schools, parks, and just a short drive from Miami’s key destinations. Whether you choose to renovate, rent, hold as an investment, or build new, this property presents outstanding upside potential. Property sold AS-IS. Buyers and buyer’s agents are encouraged to verify zoning, lot dimensions, and development possibilities independently.
Features
- First Floor Entry
- Utility Room/Laundry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,031
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.