North Miami, FL 33161 12110 NE 11th Pl
$629,989



4 more




Presented By: This listing is courtesy of American Real Estate & Mortgage LLC
Home Details
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.
Presented By: This listing is courtesy of American Real Estate & Mortgage LLC
Interior Features for 12110 NE 11th Pl
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringHardwood, Wood
Heating Y/NYes
Interior AmenitiesBedroom on Main Level, First Floor Entry
General for 12110 NE 11th Pl
AppliancesDryer, Electric Range, Disposal, Microwave, Refrigerator
Architectural StyleDetached, One Story
Carport Spaces
Carport Y/NNo
CityNorth Miami
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
DirectionsFrom Biscayne Blvd (US-1) go west on NE 123rd St. Turn right (north) on NE 12th Ave, then right on NE 121st St. Turn left on NE 11th Pl. Property will be on the right.
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HeatingCentral, Electric
Lease Considered Y/NNo
Legal DescriptionPALOMAR SUB PB 7-158 N35FT LOT 13 & S25FT LOT 14 BLK 5 LOT SIZE 60.000 X 130 OR 19723-0491 04 2001 1
Listing TermsCash, Conventional
Lot Size Square Feet7800
Lot Size UnitsSquare Feet
MLS Area22
Middle/Junior High SchoolNorth Miami
Occupancy TypeOwner
Patio/Porch FeaturesDeck
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityNorth Miami
Property Sub Type AdditionalSingle Family Residence
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsOK To Lease
RoofBuilt-Up
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Stories Count1
Subdivision NamePALOMAR SUB
Tax Annual Amount8552
Tax Year2025
Total Rooms0
ViewNone
Virtual TourClick here
Year Built1950
Year Built DetailsResale
Zoning Description3700
Exterior for 12110 NE 11th Pl
Building Area Total923
Covered Spaces
Exterior AmenitiesDeck
Lot Features1/4 to 1/2 Acre Lot
Lot Size Area7800
Parking FeaturesDriveway
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
North Miami Middle School
High School
Hubert H Humphrey Middle School
Elementary School
Big Hollow Elementary School
Dana Poirier
Realtor
SQFT • 849