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$698,899

12110 NE 11th Pl, North Miami, FL 33161

  • 2 beds |
  • 1 bath |
  • 849 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $823/sqft
  • Property List Date Icon Listed 15 days ago

Property 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.

Listing Status:
Active
Date Added:
January 11, 2026 at 06:00AM
Listing Office:
American Real Estate & Mortgage LLC : 954-608-2713
Listing Agent:
Joseph Fansler : 954-608-2713
MLS ID:
A11942536
  • General: First Floor EntryNo Additional Rooms
  • Appliances: DisposalDryerMicrowaveElectric RangeRefrigerator
  • Flooring: Wood
  • A/C: Central Air
  • Heating: CentralElectric
  • Style: DetachedOne Story
  • Parking: Driveway
  • Roofing: Built-Up
  • General: CBS Construction
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 3700PALOMAR SUB PB 7-158 N35FT LOT 13 & S25FT LOT 14 BLK 5 LOT SIZE 60.000 X 130 OR 19723-0491 04 2001 106-22-29-031-0630
  • View: None
  • Water: Municipal Water
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Joseph Fansler, American Real Estate & Mortgage LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W. J. Bryan Elementary School

1201 NE 125th St, North Miami, FL, 33161

Grades PK-5

0.29 miles away

N

North Miami Middle School

700 NE 137th St, North Miami, FL, 33161

Grades 6-8

1.09 miles away

N

North Miami Senior High School

13110 NE 8th Ave, North Miami, FL, 33161

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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