12418 NE 4th Ave, North Miami FL 33161

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.

This single family residence home located at 12418 NE 4th Ave, North Miami FL 33161 is currently for sale and has been available on Brickellsold for 102 days. This property is listed at $800K. It has 3 beds, 2 bathrooms, and is 2020 square feet. It was built in 1927. 12418 NE 4th Ave, North Miami FL 33161 is in North Miami county Miami-Dade County.