$800,000 ($396.04 per sqft)

Est. Mortgage $3,889/mo *

Quick Pre-Approval

12418 NE 4th Ave, North Miami, FL, 33161

12418 NE 4th Ave, North Miami, FL, 33161

3 beds

2 Full baths

1927

Detached, One Story

2,020 sqft

Prime R-6 multifamily-zoned oversized parcel in North Miami, situated between two similarly zoned properties currently operating as multifamily - reinforcing highest-and-best-use potential and possible assemblage value. Existing 3BR/2BA structure is safe and usable, ideal to remodel, rent, or hold while pursuing redevelopment. R-6 zoning permits multifamily residential development, including apartment buildings and townhome-style residences, with potential for approximately ~9 units. Located within approximately ½ mile of multiple active and approved multifamily and mixed-use developments, underscoring strong demand and density momentum in the area. Compelling land-value opportunity for developers or investors. Buyer to verify zoning, density, and all development parameters with the City of North Miami.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Zoning:

3800

Subdivision:

Griffing Biscyane Park Est

Garage:

Driveway, Paver Block, On Street

Heating:

Central

Cooling:

Central Air

Est. Taxes:

$12,136

Construction

Block

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

View Description:

Garden

Elementary School:

Gratigny

Middle School:

North Miami

High School:

North Miami

Days on Market:

94

Pet Allowed:

Yes

Pet Policy:

Size Limit, Yes

Appliances:

Other

Pool:

None

MLS #:

A11937979


Community Info

School Info

Walk Score

Yelp


Listing courtesy of COLDWELL BANKER REALTY 305-672-6300