1215 Northwest 12th Avenue
- Five (5) separate entry points providing flexible access and potential for subdivision
- On-site designated parking with capacity for approximately five (5) vehicles
- Surrounded by a mix of multifamily and professional office users
- Approximately 8 minutes from the University of Florida
- Ideal for office use, owner-user, or multifamily redevelopment
- Strong rental upside with ability to split into multiple units
Property Description
This property is currently configured as a professional office for a law practice but retains the underlying structure and layout of a residential home, offering strong flexibility for a variety of uses. Zoned OF, the property allows for continued office use or potential redevelopment into multifamily or student housing. The building features five separate points of access, providing the ability to subdivide the space into multiple units or suites to maximize income. A dedicated on-site parking lot accommodates approximately five vehicles, with additional potential to generate income through leased parking. Surrounded by existing multifamily housing/ office and supported by strong comparable sales nearby, this property presents a compelling value-add opportunity. Ideal for an owner-user, investor, or developer, the asset offers immediate usability with long-term upside through redevelopment or repositioning into a higher-density residential product.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $350,000 |
| No. of Units: | 1 |
| Year Built: | 1941 |
| Lot Size: | 0.22 Acres |
| Opportunity Zone: | No |
| Price per unit: | $350,000 |
| Property Website | Click Here |
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