12418 NE 4th Ave, North Miami, FL 33161
Local realty services provided by:First Service Realty ERA Powered
Listed by: jason turner
Office: coldwell banker realty305-672-6300
MLS#:A11937979
Source:SEFMLS
Price summary
- Price:$800,000
- Price per sq. ft.:$318.6
About this home
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.
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Home facts
- Year built:1927
- Listing ID #:A11937979
- Updated:May 23, 2026 at 09:48 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,020 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1927
- Building area:2,020 sq. ft.
- Lot area:0.39 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Fruit Trees, Room For Pool
- Levels:1 Story
Schools
- High school:North Miami
- Middle school:North Miami
- Elementary school:Gratigny
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$318.6
- Tax amount:$12,136 (2025)
Parking
- Parking description:Driveway, On Street, Paver Block
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