12418 NE 4th Ave
Biscayne Park, FL, United States
$800,000

12418 NE 4th Ave Biscayne Park, FL 33161

Property Features

  • 3 Beds
  • 2 Full Baths
  • 2,020 sqft
  • MLS # A11937979
  • Year Built: 1927

Attachments

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 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.

Property Highlights

  • Water: Municipal Water
  • Sewer: Public
  • Cooling: Central A/C

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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