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Detached, OneStory
12110 NE 11th Pl
North Miami , FL 33161
MLS#: A11942536
$698,899
Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1950
Sq.Footage
849
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.
Features & Amenities
Interior
-
Other Interior Features
Master Downstairs
-
Total Bedrooms
2
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Driveway
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
None
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Detached, OneStory
Price
-
Sales Price
$698,899
-
Tax Amount
8552.0
-
Zoning
3700
-
Sq. Footage
849
-
Price/SqFt
$823
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
North Miami
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Miami-Dade
Elementary School
Middle School
North Miami
High School
Listing Courtesy of Joseph Fansler , American Real Estate & Mortgage LLC
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Realtor
Jarrod Gaylis
Call Jarrod today to schedule a private showing.
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