Active

12110 NE 11th Pl

North Miami, FL 33161

$629,989 $2,656/Mo

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Overview

Bed

Bath

849

Sqft

7,800

Sqft(Lot)

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. 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.

Property Details

Property Type : Residential

Price : $629,989

AD Id : 74012526

MLS Id : A11942536

Beds : 2

Lot Size : 7,800 Sqft

Living Area Size : 849

Year Built : 1950

County : Miami-Dade

Subdivision: Palomar

Map

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Roofing Information

BuiltUp

Flooring Information

Hardwood, Wood
Interior Features

BedroomOnMainLevel, FirstFloorEntry

Roof: BuiltUp

Appliances: Dryer, ElectricRange, Disposal, Microwave, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1950

Building Area Total: 923

Construction Materials: Block

Stories: 1

Patio And Porch Features: Deck

Pool Features: None

Private Pool: No

View: None
Exterior Features

Exterior Features: Deck

Lot Information

Main Square Feet: 7800 Lot Size Square Feet: 7,800 Lot Description: QuarterToHalfAcreLot

Property Information

Subdivision: PALOMAR SUB Source Property Type: Residential Postal Code Plus 4: 5825 Zoning Description: 3700 Property SubType: Single Family Residence Direction Faces: South Property Age: 76

Listing Price Information

Listing Price: $629989

Original Price: $598890

Cash, Conventional

Tax Information

Parcel Number: 06-22-29-031-0630 Tax Year: 2025 Annual Tax: $8552 Tax Legal Desc: PALOMAR SUB PB 7-158 N35FT LOT 13 & S25FT LOT 14 BLK 5 LOT SIZE 60.000 X 130 OR 19723-0491 04 2001 1

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway

School Information

Elementary School: Junior High School: North Miami Senior High School:
Location Information

Direction: From 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. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1280 NE 132nd St, North Miami, FL, 33161	$849,000	4	2	1,797	1,797 SqFt
12395 Griffing Blvd, North Miami, FL, 33161	$697,000	3	3	2,787	2,787 SqFt
1500 NE 137th St, North Miami, FL, 33161	$649,000	3	2	1,188	1,188 SqFt
890 NE 138th St, North Miami, FL, 33161	$515,000	2	1	1,214	1,214 SqFt
14015 NE 11th Ave, North Miami, FL, 33161	$489,000	4	2	1,430	1,430 SqFt
45 NE 124th Ter, North Miami, FL, 33161	$1,095,000	3	3	1,926	1,926 SqFt
1475 NE 125th Ter #604B, North Miami, FL, 33161	$165,000	1	1	623	623 SqFt
12660 Griffing Blvd, North Miami, FL, 33161	$919,999	3	2	1,954	1,954 SqFt
1335 NE 133rd St, North Miami, FL, 33161	$735,000	4	2	1,387	1,387 SqFt
12955 NE 11th Ave, North Miami, FL, 33161	$595,000	2	2	1,348	1,348 SqFt

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ByOwner last updated this listing 06/10/2026 @ 08:12

MLS: A11942536 LISTED BY: Joseph Fansler, American Real Estate & Mortgage LLC 954-608-2713 SOURCE: SEFMIAMI