About This Property

Located in the heart of Little Havana, 242 NW 12th Ave presents a compelling opportunity for investors and developers seeking both current cash flow and long-term upside. Situated on a 5,000 sq ft lot, this two-story mixed-use building offers approximately 2,393 sq ft of existing improvements in one of Miami’s most active urban corridors. The property is zoned T6-8-O (Urban Core), providing flexibility for high-density redevelopment, including multifamily or mixed-use projects, subject to city approval. The existing configuration allows for a combination of commercial/office use and multiple residential units, making it well-suited for an income-producing hold or future repositioning. Constructed in 1925, the building features solid construction, central air conditioning, and on-site parking, adding to its functional appeal. The property is currently occupied by long-term tenants, offering immediate revenue potential while plans for future development or renovation are explored (do not disturb occupants). Highlights Include: Mixed-use asset with residential and commercial potential T6-8-O zoning allowing for significant density and redevelopment 5,000 sq ft lot with 2,393 sq ft of existing structure Multiple unit configuration with income in place On-site parking Located within Miami’s Urban Development Boundary .

Key Features

• 5,000 SquareFeet Lot
• Built in 1925

Property Details

• Type: Single Family Home
• Year Built: 1925
• Lot Size: 5,000 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 5,000 SquareFeet Lot
• Feature: Built in 1925
• Status: Active
• MLS Number: 1149668360
• Days on Market: 78
• Listed By: MLS Listing
• Zip Code: 33128