12110 NE 11th Pl, North Miami, FL 33161
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by: joseph fansler
Office: american real estate & mortgage llc.
MLS#:A11942536
Source:SEFMLS
Price summary
- Price:$698,899
- Price per sq. ft.:$757.2
About this home
ATTENTION INVESTORS & DEVELOPERS — RARE R5 OPPORTUNITY
This is a high-upside, infill development opportunity in a prime Biscayne corridor location. The 7,800 SF R5-zoned lothas received city confirmation allowing 3–7 residential units and qualifies for the Floating Density Factor, creating significant flexibility and upside. City correspondence confirming potential unit count is available upon request.
An existing single-family residence sits on the property, offering a strategic advantage: the ability to secure conventional financing and deploy capital toward redevelopment—a major win in today’s lending environment.
Opportunities like this do not last. R5 lots with documented density potential are extremely limited.
VALUE-ADD & EXPANSION POTENTIAL
• Adjacent parcel may be available, allowing assemblage and expansion to up to 14 units.
• Proven development success across the street, where an investor has completed 18 units, validating density and market demand.
• Strong rental demand fueled by proximity to Biscayne Park, Biscayne Blvd, restaurants, retail, and nightlife, all within walking distance.
This is an ideal play for developers, builders, and long-term investors seeking density, location, and scalable upside in a supply-constrained market.
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Home facts
- Year built:1950
- Listing ID #:A11942536
- Updated:January 12, 2026 at 05:54 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:849 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Built-Up
- Year built:1950
- Building area:849 sq. ft.
- Lot area:0.18 Acres
Schools
- Middle school:North Miami
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$698,899
- Price per sq. ft.:$757.2
- Tax amount:$8,552 (2025)
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