12418 NE 4th Ave, North Miami, Florida 33161 USA
$800,000
Single Family
MLS® A11937979
About this Property
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.Property Tour
Property Location
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