North Miami, FL 33161,12110 NE 11th Pl
North Miami, FL 33161,12110 NE 11th Pl
North Miami, FL 33161,12110 NE 11th Pl
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$698,899
Est. payment /mo
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2 Beds
1 Bath
849 SqFt
New

12110 NE 11th Pl North Miami, FL 33161

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 849 sqft

Price per Sqft $823

Subdivision Palomar Sub

MLS Listing ID A11942536

Style Detached,One Story

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $8,552

Tax Year 2025

Lot Size 7,800 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

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.

Location

State FL

County Miami-dade

Community Palomar Sub

Area 22

Direction 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.

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Central, Electric

Cooling Central Air

Flooring Hardwood, Wood

Appliance Dryer, Electric Range, Disposal, Microwave, Refrigerator

Exterior

Exterior Feature Deck

Pool None

View Y/N No

View None

Roof Type Built-Up

Porch Deck

Garage No

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces South

Story 1

Sewer Public Sewer

Water Public

Architectural Style Detached, One Story

Structure Type Block

Schools

Middle Schools North Miami

Others

Senior Community No

Restrictions OK To Lease

Tax ID 06-22-29-031-0630

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11942536

Miami Association of Realtors (SEFMIAMI MLS)
Listed by American Real Estate & Mortgage LLC

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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12110 NE 11th Pl

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