242 NW 12th Ave Miami, FL $ 1,200,000
242 NW 12th Ave
$ 1,200,000
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242 NW 12th Ave

Miami, FL, 33128
$ 1,200,000
Bedrooms3 Baths-- Sq 2,393

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Miami, FL

for $1,200,000 with 3 bedrooms. This 2,393 square foot building was built in 1925.

Owner finance is possible with 50% down. Located in Little Havana with steady growth of population requiring high demand for multifamily units and very little vacancy rate. The T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently a two story free standing building being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and 1 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. DO'NT DISTURBE TENANT..

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Commercial Active

Price

$ 1,200,000

Bedrooms

3

Property Type

Commercial

Taxes

$ 10,873

Style

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11880282

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Possession Closing & Funding
Roof Barrel
Architectural Style Detached
Security Features Fenced
Construction Materials Block
Year Built 1925
Stories Count 2
Levels Two
Property Subtype Mixed Use
Ownership Corporation
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Special Listing Conditions Corporate Listing
Status Active
City Miami
Zoning Description 6100
Number Of Units Total 3
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 5000
Listing Terms Cash Conventional Owner May Carry
Year Built Details Resale
Tax Annual Amount 10873
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11880282
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
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
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Interior
Flooring Carpet Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 0
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Exterior
Parking Features Common Free Parking On Street
Water Source Public
Total Parking 8
Lot Size Area 5000
Number of Buildings 1
Building Area Total 2393
Lot Dimensions 50
Covered Spaces 0
Number of Separate Electric Meters 2
Road Frontage Type City Street Main Thoroughfare
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* Excluded Features
List By
The Keyes Company

Broker

rossanasiccardi@keyes.com

Email

Affordability Calculator

$8,393
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$906
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$1,200,000 Listed Price

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242 NW 12th Ave, Miami, FL, 33128 is a Commercial Property for sale at $1,200,000 with 2,393 sqft. 242 NW 12th Ave has 3 bedroomsThe property's zip code is 33128 which is in Miami, FL