
MIAMI REALTORS® MLS↓ Price reduced $31,092 on Sep 16, 2026
12110 NE 11th Place, North Miami, FL 33161
- Beds
- 2
- Baths
- 1
- Sqft
- 849
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Jul 8, 2026 | ListedMIAMI REALTORS® MLS | $629,989$742/sqft |
| Sep 16, 2026 | Price reducedMIAMI REALTORS® MLS | $598,897$705/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2026 | $8,552 | — |
Payment calculator
- 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 SUBNorth Miami · Miami-Dade County · 33161
Climate risk
—No licensed climate-risk source is connected.
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