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Miami Association of REALTORS®

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

$698,899
For Sale

12110 NE 11th Pl

North Miami, FL 33161
849 sqft | 2 beds | 1 bath | #A11942536
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9 photos
Type:Purchase
Structure:House
Zone:Residential

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. 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 Details
      • InteriorFirst Floor Entry, No Additional Rooms
      • Lot Description1/4 To Less Than 1/2 Acre Lot
      • Property SubtypeSingle Family Residence
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
      • SubdivisionPALOMAR SUB
      • Middle SchoolNorth Miami
      • MLS #A11942536
      • MLS #A11942536
      • Parking TypeDriveway
      • Property TypePurchase
      • Cost698899
      • Structure TypeHouse
      • Year Built1950
      • Bathrooms1.0
      • Square Feet849
      • Bedrooms2
      • Full Baths1

Location

Legal

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Last Updated: Today at 3:12 AM. Source: MAOR

Provided By
Listing Agent: Joseph Fansler (#3029992)
Listing Office: American Real Estate & Mortgage LLC (#AREM01)

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