3430 12Th Ave Miami, FL 33127
This exceptional property, located at 3430 NW 12th Ave, Miami, FL 33127, presents a unique investment opportunity in the rapidly developing Allapattah neighborhood. Currently a single-family home, the property is zoned T4-L, offering significant potential for redevelopment. Its prime location on 12th Avenue provides unparalleled convenience, situated just minutes from major medical centers like Jackson Memorial Hospital and the University of Miami Medical Centers. The property benefits from excellent access to major transportation arteries, including I-95 and Highway 112, and is directly across from the Allapattah train station, ensuring easy commuting for residents and employees. The strategic location, coupled with the potential impact of the Live Local Bill, makes this a compelling investment prospect. The high demand and rapid growth of the Allapattah area further enhance the property's value and potential for future returns. The asking price for this unique property is $689,000. This presents a rare chance to acquire a strategically located asset in a thriving Miami neighborhood with significant upside potential. The property's zoning and location offer a multitude of development possibilities, making it an attractive investment for both seasoned and emerging developers.
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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
Similar Nearby for Lease
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.