12495 NE 2Nd Ave North Miami, FL 33161
For Sale
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This exceptional 10,885-square-foot property, located at 12495 NE 2nd Ave in North Miami, Florida, presents a unique investment opportunity. Situated on approximately 1.28 acres of land, this 1955-built structure currently functions as a church but offers significant potential for repurposing. The building is largely in shell condition and requires substantial build-out and updating. The zoning allows for alternative uses, including a school, making it an attractive option for educational institutions seeking a new location. Alternatively, the expansive lot size presents a viable opportunity for redevelopment into single-family homes, capitalizing on the desirable North Miami location. The asking price for this versatile property is $4,950,000. The property's address is 12495 NE 2nd Ave, North Miami, FL 33161, within Miami-Dade County. This presents a rare chance to acquire a substantial property with diverse development possibilities in a thriving Florida market. Serious inquiries are encouraged to explore the full potential of this unique offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.