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12040 W Dixie Hwy, North Miami FL 33161

Commercial For Sale
$4,000,000

BTC: 46.66355576

ETH: 1,509.43396226

52 days
0 room(s)

Overview

This is a fanastic opportunity for a developer/builder in North Miami This property is zoned for up to 60 units (52 units with amenties) for a commercial/residential mix to get highest and best use. A multi-family or mixed use is permissable here. Property consists of two adjacent lots with no setback requirements. One has a single family home collecting 3500/mo in rent so you can collect rent while plans our approved! The next door lot is a vacant and included in the sale. The adjacent folio included in the sale is folio#30-22330-001-0371.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.87 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,700,000
$1.2M – $4.0M
Confidence Low
List vs. estimate
$2.3M above estimate
List $4,000,000 · +135.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $470K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$39,000
2025
All facts and features
  • Lot

    • Lot: 0.87 Acres

    Other Property Information

    • Parcel Number: 06-22-30-001-0370

    • Zoning: 6300

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $39,000

  • Source details

    • MLS ID: A12071710

    Other facts

    • Lot Features: Corner Lot / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 100x380

    • Subdivision Name: TUTTLES SUB

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Exclusive Premier Realty