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12418 NE 4th Ave , North Miami, FL 33161

$800,000
  • 12418 NE 4th Ave , North Miami, FL 33161 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET2,020 MLS#A11937979
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGriffing Biscyane Park Est

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.

12418 NE 4th Ave | MLS# A11937979

This single family home located at 12418 NE 4th Ave , North Miami, FL 33161 is currently listed for sale with an asking price of $800,000. This property was built in 1927 and has 3 bedrooms and 2 full baths with 2020 sq. ft. NE 4th Ave is located in the Griffing Biscyane Park Est subdivision. Search Griffing Biscyane Park Est real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Detached, One Story
Lot Size: 0.39 Acres
Roof Type: Other
Taxes: $12,136
Year Built: 1927

Amenities

First Floor Entry
Other
Fruit Trees
Room For Pool

Feature Descriptions

Appliances: Other Equipment/Appliances
Community Features: Other
Crops Included Y/N: No
Days on Site: 59
Directions: I-95 to 125th St, then East to NE 4th Ave, then South to the property on the right.
Exterior: CBS Construction
Flooring: Other
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Lot: 1/4 To Less Than 1/2 Acre Lot
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
Sewer: Public Sewer
Special View Info: Garden
Swimming Pool: Yes
Water: Municipal Water
Window: Other Windows

Local Schools

High School: North Miami
Middle School: North Miami
Elementary School: Gratigny

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 305-672-6300

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 5,502.60 per month $4,257.94 Principal & Interest $1,011.33 Property Tax $233.33 Homeowner's Insurance

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