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

Price: $800,000
MLS Number: A11937979
 Single Family
12418 NE 4th Ave, North Miami, Florida 33161 USA
 Beds: 3
 
 Baths: 2
 
 Living Area: 2,020
 Lot Square Feet: 16,875
 
 HOA Fees: 
 
 Year Built: 1927
 Community: Griffing Biscyane Park Est
 
 Subdivision: Griffing Biscyane Park Est
 Elementary School: Gratigny
 
 Junior High: North Miami
 High School: North Miami
 
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About this Property
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.

About the Area

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MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Coldwell Banker Realty.
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