9
  • Type
  • Single Family Residence
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 0
  • Garage
  • 849 Sq Ft
  • Area Size
12110 NE 11th Pl, North Miami FL 33161 | Miami-Dade County | A11942536
  • $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

This property is a single-family home located at 12110 NE 11th Pl in North Miami, Florida. Built in 1950, the home features 2 bedrooms and 1 full bathroom, with a total living area of 849 square feet. It sits on a 7,800-square-foot R5-zoned lot, offering significant development potential. City confirmation allows for the construction of 3–7 residential units, and the lot qualifies for the Floating Density Factor, which adds flexibility to the development options. The property is strategically located in the Biscayne corridor, a high-demand area for redevelopment. The existing home allows for conventional financing, making it easier to secure capital for potential redevelopment. This is a rare R5 opportunity with documented density potential, which is extremely limited in the current market. For more details or to request city correspondence, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does this property currently have?

The property currently has 2 bedrooms and 1 full bathroom.

What is the zoning classification of the property, and how does it affect development potential?

The property is zoned R5 and is conditional for up to 7 residential units, with city confirmation available. It also qualifies for the Floating Density Factor, offering flexibility for redevelopment.

Is there an existing structure on the property?

Yes, there is an existing single-family residence on the property, which provides the ability to secure conventional financing.

What is the asking price for this property?

The asking price is $629,989.

What is the address and city of the property?

The property is located at 12110 NE 11th Pl, North Miami, FL 33161.

Monthly Fees & Carrying Costs

  • Membership Required: No
  • 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

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Christopher Lazaro

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