South Florida Real Estate

242 NW 12th Ave

Miami , FL 33128

MLS#: A11933705

$1,200,000

Status: Active
Listing number: A11933705
Listing provided by: Compass Florida, LLC
Listing agent phone: None
Last update: an hour ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

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 .

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    11534.0

  • Zoning

    6100

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

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Miami-Dade

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Listing Courtesy of Alessandro Lima , Compass Florida, LLC

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Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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 .

242 NW 12th Ave

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