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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

242 NW 12TH AVE, MIAMI, FL 33128

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Multi Family - for Sale

242 NW 12TH AVE, MIAMI, FL 33128

Asking Price$1,200,000

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  • Days on market:

    86 day(s)

  • Original Price:

    $1,200,000

  • Tax 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

  • Property Type:

    Multi Family

  • Parking:

    Free ParkingCommon On Street

  • Waterfrontage (sqft):

    50

  • Inclusions:

    Building & Land

  • Construction Type:

    Concrete Block Construction

  • Roof:

    Barrel Roof

  • Cooling Description:

    Central Building A/C

  • Heating Description:

    Central ElectricCentral Building A/C

  • Floor Description:

    Carpet Tile

  • Special Listing Conditions:

    Sale

  • Lot Features:

    Central Business District City Location Corner Lot Near Airport

Description

$1,200,000

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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