Premier Brokers International
12110 NE 11th Place, North Miami, FL 33161
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12049898
$598,897

↓ Price reduced $31,092 on Sep 16, 2026

12110 NE 11th Place, North Miami, FL 33161

Beds
2
Baths
1
Sqft
849
Est. payment$4,119/mo
Home type
Single Family Residence
Year built
1950
Lot size
7,841 sqft
Price / sqft
$705
HOA
$0/mo
Community
PALOMAR SUB

Property description

R5 zoning 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.

Listing activity

Days on market
72
Listed
Jul 8, 2026
MLS listing updated
Sep 18, 2026
Feed last checked
11 minutes ago

Listed by Joseph Fansler · American Real Estate & Mortgage LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
1
Bathrooms (decimal)
1
Full bathrooms
1
Half bathrooms
0

Rooms & features

Rooms
0
Flooring
Wood
Appliances
Disposal, Dryer, Electric Range, Microwave, Refrigerator

Heating & cooling

Heating
Central, Electric
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Driveway
Attached garage
No

Exterior

Stories
1
Building area
923 sqft
Entry level
1
Patio & porch
Deck
Pool
No
Waterfront property
No

Lot

Lot size
7,841 sqft
Lot size (acres)
0.18 acres
Zoning
3700
Construction

Type & style

Home type
Single Family Residence
Year built
1950
New construction
No

Materials

Construction
CBS
Roof
Built-Up
Property condition
Resale
Levels
One
Faces
South
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Community & HOA

Community

Subdivision
PALOMAR SUB
MLS area
2220
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Amenities
None
Lease details

Not reported by the listing source.

Location

Area details

City
North Miami
County
Miami-Dade
ZIP code
33161
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12049898
Possession
Close Of Escrow
Original list price
$629,989
Parcel number
0622290310630
Annual property tax
$8,552
Tax year
2026
Tax legal description
PALOMAR SUB PB 7-158 N35FT LOT 13 & S25FT LOT 14 BLK 5 LOT SIZE 60.000 X 130 OR 19723-0491 04 2001 1
Additional MLS details

Reported by the listing source

Association Amenities
None
Association
No
Bathrooms Total Decimal
1
Bathrooms Total Integer
1
Building Area Total
923
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
72
Direction Faces
South
Elementary School
W.J. Bryan
High School
North Miami
List Price
598897
Listing Contract Date
2026-07-08
Living Area
849
Lot Size Acres
0.18
Lot Size Area
7800
MLSArea Major
2220
Middle Or Junior School
North Miami
Mls Status
Active
On Market Date
2026-07-08
Patio And Porch Features
Deck
Photos Count
1
Postal Code
33161
Price Change Timestamp
2026-09-16T20:55:00Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
0
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-08T04:00:00Z
Stories Total
1
Subdivision Name
PALOMAR SUB
Water Source
Public
Tax Annual Amount
8552
Bathrooms Full
1
Pool Private
No
Bedrooms Total
2
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 8, 2026ListedMIAMI REALTORS® MLS$629,989$742/sqft
Sep 16, 2026Price reducedMIAMI REALTORS® MLS$598,897$705/sqft

Public tax history

YearProperty taxesAssessment
2026$8,552—

Payment calculator

Estimated monthly payment$4,119/moIllustrative estimate, not a loan offer.
Principal & interest
$3,108
Property taxes
$713
Insurance
$299
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PALOMAR SUB

North Miami · Miami-Dade County · 33161

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

W.J. BryanElementary
—
North MiamiMiddle
—
North MiamiHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of American Real Estate & Mortgage LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.