About This Home

This 0-bedroom, 0-bathroom commercial at 12327 NE 6th Ave in North Miami, FL is listed for $1,650,000. Built in 1954, on a 0.08 acres lot.

Key Features

  • Built in 1954
  • 0.08 acre lot

Property Details

1954
Listing Description

Listing Description Exceptional Mixed-Use Investment Opportunity | Prime North Miami Location Unlock the potential of this outstanding mixed-use commercial property located in the heart of North Miami. This income-producing asset offers an excellent opportunity for investors seeking stable cash flow with long-term appreciation potential.

Currently generating $10,000 per month ($120,000 annually), the property delivers an attractive 5.45% cap rate based on current income and operating expenses. Featuring a combination of commercial and residential components, this asset benefits from multiple income streams and strong demand in one of Miami-Dade County's most active growth corridors.

Property Highlights * Mixed-use investment property * Prime North Miami location * Current Gross Income: $120,000 annually * Estimated NOI: $90,000 annually * 5.45% Cap Rate * Strong visibility and accessibility * Excellent long-term appreciation potential * Ideal for investors completing a 1031 Exchange or expanding their commercial portfolio

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

12327 NE 6th Ave

North Miami, FL 33161

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12327 NE 6th Ave is listed at $1,650,000. The estimated monthly payment is $8,824 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.08 acre lot.

This property is listed by Harry Andrade.

HA

Harry Andrade

License 3223588

Agent at Real Estate Sales Force

Listed by Real Estate Sales Force · Broker phone: (305) 392-1497 · Broker website

MLS# A12047731· Source: Miami REALTORS®· 6 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12327 NE 6th Ave, North Miami, FL 33161

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