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Property profile

3430 12Th Ave Miami, FL 33127

OFF-MARKET
Specialty properties
Property ID
US18-8443830
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
UPID US18-8443830

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

3430 12Th Ave Miami, FL 33127
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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