12110 NE 11th Pl, North Miami, FL 33161
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
12110 NE 11th Pl,North Miami, FL 33161
$629,989
- 2 Beds
- 1 Baths
- 849 sq. ft.
- Single family
- Active
Listed by: joseph fansler
Office: american real estate & mortgage llc.954-608-2713
MLS#:A12049898
Source:SEFMLS
Price summary
- Price:$629,989
- Price per sq. ft.:$682.54
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. This is a R-5 and conditional for 7 units. Seller will not review low ball offers. Thank you!! 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
- Subdivision & Development:PALOMAR SUB
- Listing ID #:A12049898
- Updated:September 08, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Hardwood, Wood
- Kitchen Description:Disposal, Electric Range, Microwave, Refrigerator
- Living area:849 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Built-Up
- Year built:1950
- Building area:849 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Deck
- Levels:1 Story
Schools
- Middle school:North Miami
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$629,989
- Price per sq. ft.:$682.54
- Tax amount:$8,552 (2026)
Features and amenities
- Appliances:Disposal, Dryer, Electric Range, Microwave, Refrigerator
- Laundry features:Dryer
Parking
- Parking description:Driveway
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