# 242 NW 12th Ave, Miami, FL 33128

> **TL;DR:** commercial, $1,100,000, built 1925. Est. $4,767/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,100,000 |
| Year Built | 1925 |
| Lot Size | 5,001 sqft (0.11 acres) |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,767 |
| **Total** | **$4,767** |

## Property Highlights

- Built in 1925
- 0.11 acre lot

## Description

### Agent Description
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
.

## Location

- **Address:** 242 NW 12th Ave, Miami, FL 33128
- **County:** Miami-Dade

## Listing Agent

- **Name:** Alessandro Lima
- **Brokerage:** Compass Florida, LLC
- **Phone:** 3052814469
- **Email:** alima@realtormiami.net

## Primary Photo

![242 NW 12th Ave - Primary Photo](http://lh.rdcpix.com/c598eb08c97d48ec7ea90694fe44a9cfl-f264392403r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/242-nw-12th-ave-miami-fl-33128-11933705)*

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**MLS#:** A11933705 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/242-nw-12th-ave-miami-fl-33128-11933705)

---

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