12110 NE 11th Pl
North Miami, FL 33161
$629,989
$742/ft²
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.
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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