12110 NE 11th Pl, North Miami FL 33161 | Miami-Dade County | A11942536
- $629,989
- $629,989
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 Overview
Frequently Asked Questions
How many bedrooms and bathrooms does this property currently have?
What is the zoning classification of the property, and how does it affect development potential?
Is there an existing structure on the property?
What is the asking price for this property?
What is the address and city of the property?
Monthly Fees & Carrying Costs
- Membership Required: No
Address
Open on Google Maps-
Address: 11th Pl
-
City: North Miami
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33161
-
Area: PALOMAR SUB
Details
Updated on June 27, 2026 at 1:47 pm-
Property ID A11942536
-
Price $629,989
-
Property Size 849 Sq Ft
-
Bedrooms 2
-
Room 0
-
Bathroom 1
-
Garage 0
-
Year Built 1950
-
Type Single Family Residence
-
Property Status Active, Residential
Additional details
-
Flooring Wood
-
Bedroom Features Entry Level
-
Cooling Central Air
-
Association Type None
-
Building PALOMAR SUB
-
Area Palomar Sub
-
Annual Tax 8552
-
Association No
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront No
-
Full Bathrooms 1
-
Subdivision PALOMAR SUB
-
Restrictions Ok To Lease
-
Parking Driveway
-
Heating Central, Electric
-
Structure Type R30-No Pool/No Water, House
-
Tax Year 2025
-
Construction CBS Construction
-
Building Area 923
-
Covered Spaces 0
-
Middle School North Miami
-
View None
-
Year Built Details Resale
-
Half Bathrooms 0
-
Flood Zone AE,X
-
Patio / Porch Deck
-
New Construction No
-
Garage Spaces 0
-
Style R30-No Pool/No Water
-
Lot Size (Sq Ft) 7800
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees