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$1,500,000
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Property Description
This property is located in Little Havana where there is a steady growth of population requiring high demand for multifamily units, which offer very little vacancy rate. This T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently these two story free standing building is being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and an 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. Owner finance is possible with 50% down. DO'NT DISTURVE TENANT.
Full Property Details
Full Property Details for 242 NW 12th Ave
General
- Price: $1,500,000
- Taxes: $10,462
- Status: Active
- Type: Office
- Source: Greater_Miami
- MLS ID: A11621583
- Updated: 8/12/2024
- Added to Site: 215 day(s) ago
Business
- Business Type: Office Space
Location
- County: Miami-Dade County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
Utilities
- Sewer: Other
- Water: Public
Structural Information
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Building Size: 2393
- Year Built: 1925
- Other Struct. Feat.: Pedestrian Traffic
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Lot Features: City Location
- Zoning: 6100
Financial Considerations
- Tax Amount: $10,462
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: LAWRENCE EST LAND COS SUB PB 2-46 E107.5FT LOT 1 LESS E7.5FT FOR ST BLK 51 LOT SIZE SITE VALUE OR 18178-2169 0698 1 COC 21907-1278 12 2003 1
- Inclusions: Building & Land
- Property ID: 01-41-02-005-7520
Listed by The Keyes Company
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Schools
Schools serving 242 NW 12th Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2121 Nw 5th St, Miami, FL 33125 | PK-5 | 1 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 21.3 mi | |
3100 Nw 5th Ave, Miami, FL 33127 | 6-8 | 2.2 mi | |
1200 Nw 6th Ave, Miami, FL 33136 | 9-12 | 1 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 16.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 NW 12th Ave
Date
Details
Price
Change
Source
7/11/2024
Listed
$1,500,000
53.69%
MLS
3/17/2020
Sold
$976,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 242 NW 12th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,873
4%
$610,539
1%
2023
$10,461
11%
$603,630
14%
2022
$9,389
15%
$528,630
38%
2021
$8,132
1%
$382,752
1%
2019
$8,090
5%
$378,991
5%
2018
$7,695
10%
$361,890
10%
2017
$6,969
6%
$328,991
10%
2016
$6,553
1%
$300,230
3%
2015
$6,494
8%
$291,718
10%
2014
$6,014
-9%
$265,199
-9%
2013
$6,573
—
$290,199
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 NW 12th Ave
242 NW 12th Ave, Miami, FL 33128 (MLS# A11621583) is a Office property. 242 NW 12th Ave is currently listed for $1,500,000 and was received on July 11, 2024. Want to learn more about 242 NW 12th Ave? Do you have questions about finding other Office real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.