12110 NE 11th Pl

Single Family Home

12110 NE 11th Pl

$598,000

12110 NE 11th Pl, North Miami, FL, 33161

12110 NE 11th Pl photo 1
LIST PRICE$598,000Price Reduced: -$32K
BEDROOMS2
BATHROOMS1
HOUSE sq ft849
LOT sq ft7,800

Take a closer look

HOA: request current costs · Last reported tax: $8,552/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$4,191/mo

Principal & interest$3,180
Property taxfrom listing$713
Homeowners insuranceestimate$299

$119,600 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

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.

Property Details

$598,000Price Reduced: -$32K
Property Type
Residential
Subtype
Single Family Residence
Year Built
1950
Status
Active
MLS #
A12049898
Living Area
849 sq ft
$/Sq Ft (Living)
$704
Lot Size
7,800 sq ft
$/Sq Ft (Lot)
$77
Annual Taxes
$8,552
Days on Market
103

Location Scores

Location

12110 NE 11th Pl, North Miami, FL, 33161