12110 NE 11th Pl, North Miami, FL 33161

About This Home

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

Bathrooms Full

1

Bathrooms Half

0

Interior Features

First Floor Entry, No Additional Rooms

Appliances

Disposal, Dryer, Electric Range, Microwave, Refrigerator

Flooring

Wood

Heating

Central, Electric

Cooling

Central Air

Architectural Style

Detached, One Story

Garage Spaces

0

Parking Features

Driveway

Building & Association

Building Name

PALOMAR SUB

Association

No

Lot & Construction

Lot Features

1/4 To Less Than 1/2 Acre Lot

Lot Size Square Feet

7,800

Waterfront

No

View

None

Construction Materials

CBS Construction

Roof

Built-Up

New Construction

No

Public Records

Parcel Number

06-22-29-031-0630

Tax Annual Amount

$8,552

Tax Year

2,026

Zoning

3700

County Or Parish

Miami-Dade County

Location