242 NW 12th Ave, Miami, FL 33128
242 NW 12th Ave, Miami, FL 33128
242 NW 12th Ave, Miami, FL 33128
242 NW 12th Ave, Miami, FL 33128
242 NW 12th Ave, Miami, FL 33128
242 NW 12th Ave, Miami, FL 33128
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Roberto Guzman

Roberto Guzman

+1(305) 467-5520
$ 1,100,000
Est. payment | /mo

2,393 SqFt

Save Virtual Tour
$ 1,100,000
Est. payment | /mo
Save Virtual Tour

2,393 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,393 sqft

Price per Sqft $459

MLS Listing ID A11933705

HOA Y/N No

Year Built 1925

Annual Tax Amount $11,534

Lot Size 5,000 Sqft

Property Sub-Type Mixed Use

Property Description

Located in the heart of Little Havana, 242 NW 12th Ave presents a compelling opportunity for investors and developers seeking both current cash flow and long-term upside. Situated on a 5,000 sq ft lot, this two-story mixed-use building offers approximately 2,393 sq ft of existing improvements in one of Miami's most active urban corridors.

The property is zoned T6-8-O (Urban Core), providing flexibility for high-density redevelopment, including multifamily or mixed-use projects, subject to city approval. The existing configuration allows for a combination of commercial/office use and multiple residential units, making it well-suited for an income-producing hold or future repositioning.

Constructed in 1925, the building features solid construction, central air conditioning, and on-site parking, adding to its functional appeal. The property is currently occupied by long-term tenants, offering immediate revenue potential while plans for future development or renovation are explored (do not disturb occupants).

Highlights Include:

Mixed-use asset with residential and commercial potential

T6-8-O zoning allowing for significant density and redevelopment

5,000 sq ft lot with 2,393 sq ft of existing structure

Multiple unit configuration with income in place

On-site parking

Located within Miami's Urban Development Boundary
.

Location

State FL

County Miami-dade

Area 41

Exterior

Private Pool Yes

Others

Tax ID 01-41-02-005-7520

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11933705

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Compass Florida, LLC

NEARBY SCHOOL & BUSINESS

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Roberto Guzman

+1(305) 467-5520

roberto@lifestyleintrealty.com

20200 W Dixie Hwy Suite 609, Aventura, FL, 33180, USA

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242 NW 12th Ave

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