Owner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of

242 NORTH WEST 12TH AVE, Miami

$1,200,000 USD
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Address242 NORTH WEST 12TH AVE, Miami
Type of PropertyMixed Use
Type of BusinessApartments
Business LocationCentral Business District,City Location,Corner Lot,Near Airport
Property StyleMixed Use
Price$1,200,000
Property StatusActive
MLS NumberA11880282
Property Size5000
Lot Size5000
Year Built1925
Parking Space Number8
Folio Number01-41-02-005-7520
Zoning Information6100
Days on Market23

Detailed Description: Owner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently a two story free standing building being used as office space. However, it has the potential for 2 large 2 bedrooms / 1 bath apartments on first floor. And 1 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. DO’NT DISTURBE TENANT.

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Address Information
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33128
Address242 NORTH WEST 12TH AVE
Business LocationCentral Business District,City Location,Corner Lot,Near Airport
Zip Code (4 Digits)1011
Financial Information
Price$1,200,000
Price per Foot$0
Folio Number01-41-02-005-7520
Tax Amount$10,873
Possession InformationFunding
Full Descriptions
Detailed DescriptionOwner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently a two story free standing building being used as office space. However, it has the potential for 2 large 2 bedrooms / 1 bath apartments on first floor. And 1 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. DO’NT DISTURBE TENANT.
Year Built DescriptionResale
Roof DescriptionBarrel Roof
Floor DescriptionCarpet, Tile
Cooling DescriptionCentral Building A / C
Heating DescriptionCentral Electric, Central Building A / C
Water DescriptionPublic
Sewer DescriptionPublic Sanitation
Parking DescriptionCommon, Free Parking, On Street
Property parameters
Living Area5000
Lot Size5000
Total Acreage0.000
Zoning Information6100
Maximum Leasable Size5000
Year Built1925
Type of PropertyMixed Use
Type of BusinessApartments
StyleMixed Use
Construction TypeConcrete Block Construction
Stories Number2
Street DirectionNorth West
Parking Space Number8
Listed withThe Keyes Company