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242 NW 12th Ave

$1,500,000

242 NW 12th Ave, Miami, FL 33128

Active
Last Updated: 01/29/2025

2,393 sqft

Building Size

1925

Year Built

Details:
Building Size:    2,393 sqft
Year Built:    1925
Highlights:
  • Lot Features: City Location
  • Building Features: Pedestrian Traffic
  • Cooling: Central Building A/C
  • Construction Materials: CBS Construction
Description:

This property is located in Little Havana where there is a steady growth of population requiring high demand for multifamily units, which offer very little vacancy rate. This T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently these two story free standing building is being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and an efficiency. The second floor has a very large 2 bedrooms /2 bathrooms apartment. Located on 12 Ave and 2 block from Flagler, Near Marlins stadium, 836 expressway, Jackson and UM medical center, Downtown Miami and Brickell. Owner finance is possible with 50% down. DO'NT DISTURVE TENANT.

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