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 Details
Price:
$800,000
MLS #:
A11937979
Status:
Active
Beds:
3
Baths:
2
Address:
12418 NE 4th Ave
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Griffing Biscyane Park Est
Neighborhood:
griffingbiscyaneparkest
City:
North Miami
Listed Date:
Dec 29, 2025
State:
FL
Finished Sq Ft:
2,020
Total Sq Ft:
2,511
ZIP:
33161
Year Built:
1927
Schools
Elementary School:
Gratigny
Middle School:
North Miami
High School:
North Miami
Interior
Appliances
Other Equipment/ Appliances
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other
Heating
Central
Exterior
Architectural Style
Detached, One Story
Community Features
Other
Construction Materials
C B S Construction
Exterior Features
Fruit Trees, Room For Pool
Other Structures
Extra Building/ Shed
Parking Features
Driveway, Paver Block, On Street
Roof
Other
Financial
Tax Year
2025
Taxes
$12,136
Map
Contact Us
Mortgage Calculator
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12418 NE 4th Ave
North Miami, FL
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