Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    242 NW 12Th Ave Miami, FL 33128

    For Sale
    $1,200,000

    Mixed Use, Detached - Miami, FL

    Type:Mixed Use
    Days on Market:
    50
    Last Refresh:
    Dec 15 at 7:06 am

    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
    Parking
    8
    Parking features
    On Street

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Number of units
    3
    Flooring type
    Carpet, Tile
    Building materials
    Block
    Roof type
    Barrel
    Architectural style
    Other

    The Keyes Company (305) 371-3592 [email protected]

    Listing agent Rossana Siccardi (305) 371-3592 License #0314052

    Listing date Oct 27, 2025

    MLS# A11880282 Listing URL

    Copyright © 2025 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 Development Opportunity

    Located in Little Havana, this mixed-use property benefits from a steady population growth, creating high demand for multifamily units and a low vacancy rate. Zoned T6-8-O, the property presents a development opportunity for a building of 8 or more stories. Currently, the property features a two-story, free-standing building used as office space. The first floor has the potential to be converted into two large 2-bedroom, 1-bath apartments and one efficiency unit. The second floor contains a very large 2-bedroom, 2-bathroom apartment. The property is situated on 12th Avenue, two blocks from Flagler Street, and is near Marlins Stadium, the 836 Expressway, Jackson Memorial Hospital, the University of Miami Medical Center, Downtown Miami, and Brickell. Owner financing is possible with 50% down.
    Property Profile 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

    Nearby Similar for Sale

    • $2,350,000

      Miami Multifamily Short-Term Rental Property

      Boutique 5-unit apartment community in Miami's Qualified Opportunity Zone.
      1053 NW 29Th St, Miami, FL 33127
      View Details
    • $1,275,000
      3,892 SF

      Miami Fourplex with Income Potential

      Residential income property in Miami, featuring a pool and gated entry.
      14500 NE 2Nd St, Miami, FL 33161
      View Details
    • New
      $3,775,000

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • New
      $3,775,000
      7,000 SF

      New Multifamily Investment in Miami

      Newly built 10-unit multifamily property in a growing Miami area.
      1037 NW 2Nd St, Miami, FL 33128
      View Details
    • $3,500,000

      Remodeled Corner Office Suite, Miami

      Completely remodeled corner office suite in the heart of Miami's financial district.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $2,100,000

      Redevelopment Opportunity in Miami, FL

      Two lots totaling 14,000 sq. ft. ideal for redevelopment.
      1750 NW 7Th St, Miami, FL 33125
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Little Havana with development 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: - Development opportunity with T6-8-O zoning allowing for a building of 8+ stories.; - Prime location in Little Havana with high demand for multifamily units and low vacancy rates.; - Potential for conversion into multiple apartments: two 2-bedroom/1-bath units and one efficiency on the first floor, plus a large 2-bedroom/2-bath apartment on the second floor.
    (305) 371-3592
    Request Owner's contact information
    242 NW 12Th Ave Miami, FL 33128
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    242 NW 12Th Ave
    Miami, FL 33128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.