12418 NE 4th Ave
North Miami, FL 33161

Listed at $800,000

Details

  • MLS# A11937979
  • Residential - Single Family
  • Status Active
  • 3 Bedrooms
  • 2 full Bathrooms
  • 2,020 Square Feet
  • 0.387 acres
  • Built in 1927
  • Local Schools

Description

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...read more 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.

Features

  • Other Equipment/Appliances
  • Central Air
  • Other
  • Central
  • $12,136 Taxes
  • Municipal Water
  • Built in 1927
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All Property Features

  • Property Type: Residential - Single Family
  • Appliances: Other Equipment/Appliances
  • Community Features: Other
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 134
  • Directions: I-95 to 125th St, then East to NE 4th Ave, then South to the property on the right.
  • Exterior: CBS Construction
  • Exterior Features: Fruit Trees, Room For Pool
  • Flooring: Other
  • Heating: Central
  • Home Style: Detached, One Story
  • Home Warranty Y/N: No
  • Interior Features: First Floor Entry, Other
  • Lease Considered Y/N: No
  • Listing Terms: All Cash
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Lot Size: 0.39 Acres
  • Ownership: Self Proprietor/Individual
  • Parcel#: 06-22-30-028-0200
  • Parking: Driveway, Paver Block, On Street
  • Parking Notes: Driveway, Paver Block, On Street
  • Pets Allowed: More Than 20 Lbs
  • Property Attached Y/N: No
  • Property Sub-Type: Single Family Residence
  • Roof Type: Other
  • Sewer: Public Sewer
  • Special View Info: Garden
  • Swimming Pool: Yes
  • Taxes: $12,136
  • Water: Municipal Water
  • Window: Other Windows
  • Year Built: 1927