12418 NE 4th Ave, North Miami FL 33161

For sale Days on market 6

Griffing Biscyane Park Est [ Single Family Residence ]

$800,000

$396/sq ft

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Overview

Bedroom

Bath

Year Built

1927

Sqft

2020

Property Type

Single Family Residence

Property 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 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.

Property Details

MLS#

A11937979

Building

Griffing Biscyane Park Est

Address

12418 4th Ave NE

City

North Miami

State/county

Zip/Postal Code

33161

Area

Griffing Biscyane Park Est

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,136

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Garden

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