ATTENTION INVESTORS and DEVELOPERS — RARE R5 OPPORTUNITY This is a high-upside, infill development opportunity in a prime Biscayne corridor location. The 7,800 sq.ft R5-zoned lothas received city confirmation allowing 3–7 residential units and qualifies

12110 NORTH EAST 11TH PL, North Miami

$698,899 USD 2 1
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Address12110 NORTH EAST 11TH PL, North Miami
Building NamePALOMAR SUB
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$698,899
Previous Price$598,890 (0 days ago)
Property StatusActive
MLS NumberA11942536
Bedrooms Number2
Full Bathrooms Number1
Living Area849
Lot Size7800
Year Built1950
Folio Number06-22-29-031-0630
Zoning Information3700
Days on Market0

Detailed Description: ATTENTION INVESTORS and DEVELOPERS — RARE R5 OPPORTUNITY This is a high-upside, infill development opportunity in a prime Biscayne corridor location. The 7,800 sq.ft 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 and 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

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Address Information
StateFlorida
CityNorth Miami
CountyMiami-Dade County
Zip Code33161
Address12110 NORTH EAST 11TH PL
Section29
Zip Code (4 Digits)5825
Financial Information
Price$698,899
Price per Foot$0
Previous Price$598,890
Folio Number06-22-29-031-0630
Tax Amount$8,552
Tax Year2025
Full Descriptions
Detailed DescriptionATTENTION INVESTORS and DEVELOPERS — RARE R5 OPPORTUNITY This is a high-upside, infill development opportunity in a prime Biscayne corridor location. The 7,800 sq.ft 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 and 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
How to ReachFrom 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.
Property ViewNone
Design DescriptionDetached, One Story
Roof DescriptionBuilt-Up
Floor DescriptionWood
Interior FeaturesFirst Floor Entry, No Additional Rooms
Equipment AppliancesDisposal, Dryer, Microwave, Electric Range, Refrigerator
Cooling DescriptionCentral Air
Heating DescriptionCentral, Electric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionDriveway
Property parameters
Bedrooms Number2
Full Baths Number1
Living Area849
Lot Size7800
Zoning Information3700
Year Built1950
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NamePALOMAR SUB
Development NamePALOMAR SUB
Construction TypeCBS Construction
Street DirectionNorth East
Listed withAmerican Real Estate & Mortgage LLC