12418 NE 4th Ave, North Miami, FL 33161

$800,000
  • 12418 NE 4th Ave, North Miami, FL 33161 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET2,020 MLS#A11937979
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGriffing Biscyane Park Est

Property Description

Prime R-6 multifamily-zoned oversized parcel in North Miami, situated between two similarly zoned properties currently operating as multifamily - reinforcing highest-and-best-use potential and possible assemblage value. Existing 3BR/2BA structure is safe and usable, ideal to remodel, rent, or hold while pursuing redevelopment. R-6 zoning permits multifamily residential development, including apartment buildings and townhome-style residences, with potential for approximately ~9 units. Located within approximately ½ mile of multiple active and approved multifamily and mixed-use developments, underscoring strong demand and density momentum in the area. Compelling land-value opportunity for developers or investors. Buyer to verify zoning, density, and all development parameters with the City of North Miami.

12418 NE 4th Ave | MLS# A11937979

This single family home located at 12418 NE 4th Ave, North Miami, FL 33161 is currently listed for sale with an asking price of $800,000. This property was built in 1927 and has 3 bedrooms and 2 full baths with 2020 sq. ft. NE 4th Ave is located in the Griffing Biscyane Park Est subdivision. Search Griffing Biscyane Park Est real estate on team-lynch.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Detached, One Story
Lot Size: 0.39 Acres
Roof Type: Other
Taxes: $12,136
Year Built: 1927

Amenities

First Floor Entry
Other
Fruit Trees
Room For Pool

Feature Descriptions

Appliances: Other Equipment/Appliances
Community Features: Other
Crops Included Y/N: No
Days on Site: 138
Directions: I-95 to 125th St, then East to NE 4th Ave, then South to the property on the right.
Exterior: CBS Construction
Flooring: Other
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Lot: 1/4 To Less Than 1/2 Acre Lot
Ownership: Self Proprietor/Individual
Parcel#: 06-22-30-028-0200
Parking: Driveway, Paver Block, On Street
Parking Notes: Driveway, Paver Block, On Street
Pets Allowed: More Than 20 Lbs
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Special View Info: Garden
Swimming Pool: Yes
Water: Municipal Water
Window: Other Windows

Local Schools

High School: North Miami
Middle School: North Miami
Elementary School: Gratigny

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 305-672-6300

Shown By

Agent Name: The Lynch Advantage Team
Agent Phone: Cell: (407) 435-7043
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 5,502.60 per month $4,257.94 Principal & Interest $1,011.33 Property Tax $233.33 Homeowner's Insurance

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