

Property Details
| Asking Price | $598,897 |
|---|---|
| Price per SqFt | $705 |
| Maintenance fee | Inquire |
| Property Taxes | $8,552 2026 |
| Interior Space | 849 SqFt |
| Beds/Baths | 2/1 |
| Year Built | 1950 |
| Garage | 0 spaces |
| Pool | No |
| Lot Size | 0.18 acres |
| MLS # | A12049898 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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. ?? DISCLAIMER / DUE DILIGENCE NOTICE:All zoning, density, unit count, development potential, and financing options are subject to independent verification. Buyers are advised to conduct full due diligence, including confirmation with the City, zoning department, surveyor, architect, and lender prior to closing. Seller and broker make no guarantees as to final approvals or buildable units.?? Serious inquiries only. Contact us for documentation and access.
Listed by American Real Estate & Mortgage LLC
Sales History for This Home · 12110 NE 11th Place, North Miami, FL 33161
Sales history is unavailable for this property

Listed by American Real Estate & Mortgage LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in North Miami and throughout South Florida.
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Location
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