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For sale

12110 NE 11th Pl

North Miami, FL 33161

$629,989

$742/ft²

2Beds
1Baths
849Sq ft
1950Year built
Single-family homeType

About this home

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.

Property details

Listing

MLS #
A12049898
Status
For sale
Listed on
Jul 8, 2026
Days on market
33 days
Listing data updated
Jul 8, 2026

Interior

Beds
2
Baths
1
Living area
849 ft²
Price per ft²
$742/ft²

Building & community

Type
Single-family home
Year built
1950
County
Miami-Dade

Lot & exterior

Lot size
7,800 ft²

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest)
$3,186
Property taxes (est.)
$578
Home insurance (est.)
$433
Flood insurance (est.)

Estimated total$4,197*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Location

Mortgage calculator

$3,186/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of American Real Estate & Mortgage LLC.

Joseph Fansler · 954-608-2713 · 4thishouse@gmail.com · 954-608-2713

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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