242 NW 12th Ave, Miami, FL 33128
sale
$1,200,000
|
Mixed Use
Courtesy Of Compass Florida LLC
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
.
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
.
Read More About This Property
Read Less About This Property
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: LAWRENCE EST LAND COS SUB PB 2-46 E107.5FT LOT 1 LESS E7.5FT FOR ST BLK 51 LOT SIZE SITE VALUE OR 18178-2169 0698 1 COC 21907-1278 12 2003 1
- MLSID: A11933705
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,552,000
Industrial
12600 SW 130th St 1-2
Miami, FL 33186
Courtesy Of S.E.I BROKERS CORPORATION
sale
$1,500,000
Other
Sunny Isles Beach, FL 33160
Courtesy Of LoKation Real Estate
sale
$1,500,000
Industrial
12459 SW 130th St 9-8-12
Miami, FL 33186
Courtesy Of Real Estate Empire Group, Inc
sale
$1,500,000
Industrial
660 Miller Dr
Miami Springs, FL 33166
Courtesy Of The Keyes Company