12327 NE 6th Ave, North Miami FL 33161, North Miami
$1,650,000
North Miami, FL, 33161
Property details
- Year built
- 1954
- Type
- Mixed Use
- Days on market
- 38
- MLS #
- A12047731
Listing courtesy of Real Estate Sales Force · 305-392-1497. Listing agent: Harry Andrade. MLS data last updated 2026-08-10.
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
12327 NE 6th Ave, North Miami FL 33161, North Miami — for sale, listed for $1,650,000.
85 listings for sale in 33161 · median $725,000.
Time on market
Against 85 comparable listings for sale in 33161, this listing's 38 days on market compares with a 64-day median (36% percentile).
n=85 · 2026-08-14 · Methodology
Run the numbers
Price-reduction climate
29% of 85 active listings for sale in 33161 are listed below their original asking price.
n=85 · 2026-08-14 · Methodology
Observed price & status history
Asking price revised from $1,649,950 to $1,650,000.
Local market report
Current market segment
Right now: 85 active listings for sale in 33161, median asking price $725,000, median $399/sqft.
n=85 · 2026-08-14 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-14 · Methodology
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