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.
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.
Property Details
Price:
$698,899
MLS #:
A11942536
Status:
Active
Beds:
2
Baths:
1
Address:
12110 NE 11th Pl
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALOMAR SUB
Neighborhood:
palomarsub
City:
North Miami
Listed Date:
Jan 11, 2026
State:
FL
Finished Sq Ft:
849
Total Sq Ft:
923
ZIP:
33161
Year Built:
1950
Schools
Middle School:
North Miami
Interior
Appliances
Disposal, Dryer, Microwave, Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Wood
Heating
Central, Electric
Exterior
Architectural Style
Detached, One Story
Community Features
None
Construction Materials
C B S Construction
Parking Features
Driveway
Roof
Built- Up
Financial
Tax Year
2025
Taxes
$8,552
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 12300 NE Miami Ct
North Miami, FL$899,000
1.43 miles away
- 12125 NE 2nd Ave
North Miami, FL$899,000
1.20 miles away
- 638 NE 141st St
North Miami, FL$895,000
1.38 miles away
- 11701 W Biscayne Canal Rd
Miami, FL$890,000
0.93 miles away
- 2055 NE 140th St
North Miami Beach, FL$888,000
1.68 miles away
- 13521 NE 1st Ave
Miami, FL$876,000
1.59 miles away
- 12040 N Miami Ave
North Miami, FL$875,000
1.49 miles away
- 11028 NW 2nd Ave
Miami Shores, FL$874,888
1.86 miles away
- 13236 NE 4th Ave
North Miami, FL$860,000
1.20 miles away
- 12630 NE Miami Pl
North Miami, FL$859,000
1.41 miles away

12110 NE 11th Pl
North Miami, FL
LIGHTBOX-IMAGES





















































































































































































































































































































































































