Price Reduction
Listed By:
This listing is courtesy of American Real Estate & Mortgage LLC
Address
12110 Ne 11th Pl, North Miami, FL
Price
$ 598,897
Property Attributes
  • MLS#A12049898
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityNorth Miami
  • Area22
  • NeighborhoodPALOMAR SUB
  • Zip33161
  • Style
  • Year Built1950
  • Taxes$ 8552
  • Price$ 598,897
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage849
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

R5 zoning 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.

Middle School
North Miami Middle School
Price History
7/8/2026 Listed $629,989
9/16/2026 5$598,897

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Possession Close Of Escrow
Roof Built-Up
Appliances Dryer,Electric Range,Disposal,Microwave,Refrigerator
Patio/Porch Features Deck
Architectural Style Detached,One Story
Pool Features None
Restrictions OK To Lease
Construction Materials Block
Year Built 1950
View None
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2026
County Miami-Dade
Property Type Residential
Subdivision Name PALOMAR SUB
Facing Direction South
Garage Y/N false
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
Directions From Biscayne Blvd (US-1) go west on NE 123rd St. Turn right (north) on NE 12th Ave, then right on NE 121st St. Turn left on NE 11th Pl. Property will be on the right.
City North Miami
Senior Community Y/N false
Zoning Description 3700
MLS Area 22
Lot Size Units Square Feet
Lot Size Square Feet 7800
Carport Y/N false
Listing Terms Cash,Conventional
Year Built Details Resale
Tax Annual Amount 8552
Middle/Junior High School North Miami
Lease Considered Y/N false
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Single Family Residence
PostalCity North Miami
Legal Description PALOMAR SUB PB 7-158 N35FT LOT 13 & S25FT LOT 14 BLK 5 LOT SIZE 60.000 X 130 OR 19723-0491 04 2001 1

Interior Features

Interior Amenities Bedroom on Main Level,First Floor Entry
Flooring Hardwood,Wood
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 2
Total Baths 1

Exterior Features

Exterior Amenities Deck
Parking Features Driveway
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 7800
Building Area Total 923
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33161

Price
AVG $800K
$600K
Taxes
AVG $16,001
$8,552
Year Built
AVG 1956
1950

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