Financial
Distress signals
Property profile

242 12th Ave Miami, FL 33128

OFF-MARKET
Commercial land
Property ID
US18-2638084
0.17 ac lot
Last sale Mar 2020 · $976,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 242 NW 12th Ave in Little Havana is a two-story mixed-use building constructed in 1925, sited on a 5,000 sq ft lot with approximately 2,393 sq ft of existing improvements. It is built with solid construction and includes central air conditioning and on-site parking. The building is zoned T6-8-O (Urban Core), a designation that allows for higher-density redevelopment options such as multifamily or mixed-use projects, subject to city approval, and it lies within Miami’s Urban

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$825k
Assessed land$825k

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$739/SF
Submarket average, outlier-cleaned · 664 recorded sales of this use type
Observed band · Q1–Q3$245 – $1,493

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6100:COMMERCIAL,NEIGHBRHD
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.3
Laundromat9.2
Shoe Repair8.8

Location

242 12th Ave Miami, FL 33128-1011
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
244 7th, Miami, FL 33128-1514 $3,900,000 Mar 2024 1,078 SF
421 3rd, Miami, FL 33128-1602 $3,300,000 Dec 2023 9,778 SF
413 3rd St, Miami, FL 33128-1602 $3,300,000 Dec 2023 No data
524 1st, Miami, FL 33128-1574 $3,900,000 Nov 2023 No data
100 Nws Riv, Miami, FL 33128 $3,900,000 Nov 2023 No data
818 3rd, Miami, FL 33128-1386 $560,000 Sep 2023 1,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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