For Sale Single Family Residence 2 Bedrooms 849SqFt at North Miami

US$ 629,989

12110 NE 11th Pl North Miami

FL, 33161 - A11942536

Status:Active






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Vanessa Ramirez

Vanessa Ramirez

+1 786 445 7436

Remarks

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.
Offers under $650,000 will not be reviewed by the seller. This is a R-5 and conditional for 7 units. Seller will not review lower 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.

Amenities

First Floor Entry

No Additional Rooms

Listing information courtesy of American Real Estate & Mortgage LLC

Listing information MIAMI ASSOCIATION OF REALTORS SEFMLS. All information in this publication is deemed reliable but is not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. The availability of any listing should always be independently verified. The listing information is provided for the personal and non-commercial use of the consumer solely to identify potential properties for potential purchase. Any other use is strictly prohibited and may violate relevant federal and state laws. This page and the owner of this domain are not responsible for images provided by MIAMI ASSOCIATION OF REALTORS SEFMLS. The images shown are automatically provided and downloaded from the MLS database of the association MIAMI ASSOCIATION OF REALTORS SEFMLS and were published on the MLS by a third party. If you require more information about the listing images, their origin, and permission for use, please contact MIAMI ASSOCIATION OF REALTORS SEFMLS Data last updated on Tuesday 21st of April 2026 12:59:07 PM

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