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    242 NW 12Th Ave Miami, FL 33128

    Sponsored
    For Sale
    $1,200,000

    Mixed Use - Miami, FL

    Type:Mixed Use
    Days on Market:
    17
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for 242 NW 12Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    6100
    APN
    01-41-02-005-7520

    Building Details

    Year built
    1925
    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Alessandro Lima (305) 851-2820 License #3404498

    Listing date Dec 22, 2025

    MLS# A11933705 Listing URL

    Copyright © 2026 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Little Havana Mixed-Use Redevelopment Opportunity

    Located in Little Havana, this two-story mixed-use building at 242 NW 12th Ave is situated on a 5,000 sq ft lot. The property offers approximately 2,393 sq ft of existing improvements. Constructed in 1925, the building features solid construction, central air conditioning, and on-site parking. The property is zoned T6-8-O (Urban Core), providing flexibility for high-density redevelopment, including multifamily or mixed-use projects, subject to city approval. The existing configuration allows for a combination of commercial/office use and multiple residential units, making it well-suited for an income-producing hold or future repositioning. The property is currently occupied by long-term tenants, offering immediate revenue potential while plans for future development or renovation are explored. It is located within Miami’s Urban Development Boundary.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carbone Anthony Attorney Cutrone Jerrard Attorney

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.21499
    Latitude
    25.776276

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building in Little Havana with redevelopment potential.
    Where is this mixed-use property located?
    The property is located at 242 NW 12Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - T6-8-O zoning allows for high-density redevelopment, including multifamily or mixed-use projects.; - Mixed-use asset with both residential and commercial potential for income generation.; - Located in the heart of Little Havana, within Miami’s Urban Development Boundary.
    (305) 961-1179
    Request Owner's contact information
    242 NW 12Th Ave Miami, FL 33128
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    Miami, FL 33128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 NW 12Th Ave Miami, FL 33128
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