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$698,899
82 Days On Site

12110 NE 11th Pl
North Miami, FL33161

For Sale|Single Family Residence|Active
2
Beds
1
Total Bath
1
Full Bath
849
SqFt
$823
/SqFt
1950
Built
Subdivision:
PALOMAR SUB
County:
Miami-Dade
Call Now: 917-861-5532
Is this the listing for you? We can help make it yours.
917-861-5532
12110 NE 11th Pl12110 NE 11th Pl12110 NE 11th Pl12110 NE 11th Pl
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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. Offers under $650,000 will not be reviewed by the seller. This is a R-5 and conditional for 7 units. Seller will not review lower 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.

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Listing Snapshot
Price 
$698,899
Days On Site 
82 Days
Bedrooms 
2
Inside Area (SqFt) 
849 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.1791 Acres
Year Built 
1950
MLS® Number 
A11942536
Status 
Active
Property Tax 
$8,552
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
3 months agoPrice changed to $698,899
3 months agoListing first seen on site
General Features
Direction Faces 
South
Number Of Stories 
1
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
923
Style 
DetachedOneStory
Water Source 
Public
Zoning 
3700
Interior Features
Appliances 
DryerElectric RangeDisposalMicrowaveRefrigerator
Cooling 
Central Air
Flooring 
HardwoodWood
Heating 
CentralElectric
Interior 
Master Downstairs
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Exterior Features
Construction Details 
Block
Patio And Porch 
Deck
Pool Features 
None
Roof 
Built-Up
View 
None
Waterview 
None
Community Features
Financing Terms Available 
CashConventional
MLS Area 
22
Schools
School District
Unknown
Elementary School
Unknown
Middle School
North Miami
High School
Unknown
Listing courtesy of American Real Estate & Mortgage LLC

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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