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 33128,242 NW 12th Ave
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$ 1,200,000
Est. payment | /mo

2,393 SqFt


$ 1,200,000
Est. payment | /mo

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 $501

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 SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Mater Academy East Charter

    Public | PK - 5

  • 9

    Coral Gables Preparatory Academy

    Public | PK - 8

  • 9

    Ada Merritt K-8 Center

    Public | PK - 8

  • 8

    Mater Brickell Preparatory Academy

    Public | KG - 7

  • 8

    Southside Elementary School

    Public | PK - 5

  • 8

    Miami Children's Museum Charter School

    Public | PK - 5

  • 7

    Mater Grove Academy

    Public | KG - 7

  • 7

    Coral Way K-8 Center

    Public | PK - 5

  • 7

    Lincoln-Marti Charter School Little Havana Campus

    Public | KG - 8

  • 7

    Miami-Dade Online Academy- Virtual Instruction Program

    Public | KG - 12

  • 6

    Downtown Miami Charter School

    Public | PK - 6

  • 6

    Bridgeprep Academy of Greater Miami

    Public | KG - 5

  • 6

    Earlington Heights Elementary School

    Public | PK - 5

  • 5

    Silver Bluff Elementary School

    Public | PK - 5

  • 5

    Auburndale Elementary School

    Public | PK - 5

  • 5

    Riverside Elementary School

    Public | PK - 5

  • 5

    Citrus Grove Elementary School

    Public | PK - 5

  • 5

    Kensington Park Elementary School

    Public | PK - 5

  • 5

    Paul Laurence Dunbar K-8 Center

    Public | PK - 5

  • 5

    Comstock Elementary School

    Public | PK - 5

Middle Schools 20
  • 10

    International Studies Charter Middle School

    Public | 6 - 8

  • 10

    Young Womens Preparatory Academy

    Public | 6 - 12

  • 8

    Miami Arts Charter

    Public | 6 - 12

  • 6

    Mater East Academy Middle School

    Public | 6 - 8

  • 6

    Mater Academy Middle School of International Studies

    Public | 6 - 8

  • 3

    Shenandoah Middle School

    Public | 6 - 8

  • 3

    Young Men's Preparatory Academy

    Public | 6 - 12

  • 2

    Citrus Grove Middle School

    Public | 6 - 8

  • 2

    Aspira Eugenio Maria De Hostos Youth Leadership Charter School

    Public | 6 - 8

  • 1

    Jose De Diego Middle School

    Public | 6 - 8

  • 1

    Allapattah Middle School

    Public | 6 - 8

  • 1

    Brownsville Middle School

    Public | 6 - 8

  • 0

    Director Middle School

    Private | 6 - 12

  • 0

    Sports Leadership and Management (Slam) Charter Mi

    Public | 6 - 8

  • 0

    Ramz Academy 6-8 Middle, Miami Campus

    Public | 6 - 8

  • 0

    Miami-Dade Virtual High School Franchise

    Public | 6 - 12

  • 0

    Jackson Sipp/Child Crisis

    Public | 6 - 11

  • 0

    Miami Bridge North

    Public | 7 - 12

  • 0

    Secondary Student Success Center 802

    Public | 6 - 12

  • 0

    Village South (Girls)

    Public | 7 - 12

High Schools 17
  • 10

    School for Advanced Studies-Wolfson

    Public | 11 - 12

  • 10

    I Preparatory Academy

    Public | 9 - 12

  • 10

    Design & Architecture Senior High School

    Public | 9 - 12

  • 9

    International Studies Charter High School

    Public | 9 - 12

  • 8

    New World School of the Arts

    Public | 9 - 12

  • 6

    Law Enforcement Officers Memorial High School

    Public | 9 - 12

  • 5

    Miami Senior High School

    Public | 9 - 12

  • 5

    Sports Leadership of Miami Charter High School

    Public | 9 - 12

  • 5

    Mater Academy High School of International Studies

    Public | 9 - 12

  • 4

    Mater Academy East Charter High School

    Public | 9 - 12

  • 1

    Booker T. Washington Senior High School

    Public | 9 - 12

  • 1

    Miami Jackson Senior High School

    Public | 9 - 12

  • 0

    Immaculata-la Salle High School

    Private | 9 - 12

  • 0

    Charter High School of the Americas

    Public | 9 - 12

  • 0

    Green Springs High School Charter

    Public | 9 - 12

  • 0

    United Cerebral Palsy Transitional Learning

    Private | 9 - 12

  • 0

    Lindsey Hopkins Technical Education Center

    Public | 9 - 12

School and business data provided by Attom Data.
David Kurz

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242 NW 12th Ave