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12110 NE 11th Place, North Miami, Florida 33161

Active For Sale
$629,989
  • Beds 2
  • Baths 1
  • Sq Ft 849 Sqft
  • Visits: 6 in 13 days

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. ?? DISCLAIMER / DUE DILIGENCE NOTICE:All zoning, density, unit count, development potential, and financing options are subject to independent verification. Buyers are advised to conduct full due diligence, including confirmation with the City, zoning department, surveyor, architect, and lender prior to closing. Seller and broker make no guarantees as to final approvals or buildable units.?? Serious inquiries only. Contact us for documentation and access.

Features

  • Heating System: Central, Electric
  • Cooling System: Central Air
  • Patio: Deck
  • Parking: Driveway

Appliances

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: North Miami
  • Subdivision: PALOMAR SUB
  • Zipcode: 33161
  • Street: 11th
  • Street Number: 12110
  • Street Suffix: Place
  • Floor Number: 0
  • Longitude: W81° 49' 29.7''
  • Latitude: N25° 53' 14.6''
  • Directions: 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.
  • Street Dir Prefix: NE
  • MLS Area: 2220

MLS Addon

  • Association Amenities: No
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: W.J. Bryan
  • Exterior Features: Outdoor Living Area
  • Flooring: Wood
  • High School: North Miami
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level
  • Levels: One
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Middle Or Junior School: North Miami
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $8,552
  • Zoning: 3700

Location

Listing Updated: 2026-07-14 05:06:07

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12049898
  • Price : $629,989
  • View : Lake
  • Bedrooms : 2
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 849 Sqft
  • Year Built : 1950
  • Lot Area : 0.18 Acre
  • Listing Status : Active
  • Days On Market : 13
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