12110 NE 11th Pl , North Miami, FL 33161
- $698,899
- $598,890
- $698,899
- $598,890
Overview
- Single Family Residence, Residential
- 2
- 1
- 923 Sqft
- 1950
Description
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.
Offers under $650,000 will not be reviewed by the seller. This is a R-5 and conditional for 7 units. Seller will not review lower 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.
Address
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Address: 12110 NE 11th Pl
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City: North Miami
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State/county: FL
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Zip/Postal Code: 33161
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Area: PALOMAR SUB
Details
Updated on February 28, 2026 at 5:16 am-
Property ID MSA11942536
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Price $698,899
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Property Size 923 Sqft
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Bedrooms 2
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Bathroom 1
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Garage Size x x
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Year Built 1950
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Property Type Single Family Residence, Residential
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Property Status Active
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MLS# A11942536
Additional details
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Listing Terms Cash, Conventional
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Roof Built-Up
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Sewer Public Sewer
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Cooling Central Air
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Heating Central, Electric
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Flooring Hardwood, Wood
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County Miami-Dade
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Property Type Residential
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Pool None
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Parking Driveway
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Middle School North Miami
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Architectural Style Detached,One Story
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