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60 NW 12th Ave
Miami, FL 33128

Retail Property For Sale

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Investment Highlights

Redevelopment Opportunity - New Zoning
142 FT Frontage on 12th AVe

Large Lot
Close to Jackson Memorial

Executive Summary

Redevelopment Opportunity in one of the Hottest Area of Miami
Free Standing Building/Land - Redevelopment Potential,

Unique oversized lot in the most desirable area, surrounded by all national retailers.

New Zoning allows a mix use high rise (125 Units Potential)

Land: 36,450 SF
Building: 25,807 SF
Parking: +45 Parking Spaces

Video: https://www.dropbox.com/s/gvwdxitx6otgeau/Commercial.mov?dl=0
NW 12th Ave - Average Vehicles Per Day = 22,000!
West Flagler St - Average Vehicles Per Day = 18,500!

PROPERTY FACTS Under Contract

Sale Type

Investment

Sale Condition

Development Sale

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

25,000 SF

Building Class

Year Built/Renovated

1941/2013

Price

£14,099,830

Price Per SF

£564

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.68

Lot Size

0.84 AC

Zoning

SD-14 - Commercial-residential

Parking

50 Spaces (2 Spaces per 1,000 SF Leased)

Frontage

142 ft on NW 12th Ave

Amenities

Property Manager on Site

Air Conditioning

PROPERTY TAXES

Parcel Number	01-4102-005-9420	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£4,333,967

PROPERTY TAXES

Parcel Number

01-4102-005-9420

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£4,333,967

Listing ID: 27820181
Date on Market: 23/02/2023
Last Updated:
Address: 60 NW 12th Ave, Miami, FL 33128

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