ActiveSingle Family Residence
12110 NE 11th Pl, North Miami FL 33161
North Miami, FL 33161 · MLS #A12049898The residence
About this property
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.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 849 sq. ft.
- Year built
- 1950
- Lot size
- 7,800 sq. ft.
- Subdivision
- PALOMAR SUB
- County
- Miami-Dade County
- Days on market
- 70
- Original list price
- $629,989
- Listing date
- July 8, 2026
- Annual property tax
- $8,552 (2026)
- Listing agent
- Joseph Fansler
- Listing office
- American Real Estate & Mortgage LLC
- MLS number
- A12049898
Neighborhood & location
Explore PALOMAR SUB
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,028
- Property taxes
- $713
- Homeowners insurance
- $299
- Estimated total
- $4,040
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of American Real Estate & Mortgage LLC, 954-608-2713.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.