NEW
- MLS® #: A11933705
- 242 Nw 12th Ave
- Miami, FL 33128-1011
- $1,200,000
- Business
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 .
View Virtual TourEssential Information
- MLS® #A11933705
- Price$1,200,000
- CAD Dollar$1,670,940
- UK Pound£896,726
- Euro€1,034,280
- Bathrooms0.00
- Acres0.00
- Year Built1925
- TypeBusiness
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address242 Nw 12th Ave
- Area41
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33128-1011
- Office: Compass Florida, Llc
Property Location
242 Nw 12th Ave on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,200,000, this home for sale at 242 Nw 12th Ave features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33128-1011 . 242 Nw 12th Ave is listed under the MLS ID of A11933705 and has been on the Miami real estate market for 7 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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