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Palomar, 12110 NE 11th Pl, North Miami, FL 33161
2Beds
1Baths
849SqFt
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Details
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Status:
Active
Parking: No info
Size: 849 SqFt (79 m2)
Price: $823/SqFt ($8,861/m2)
Type: Single Family Home
Built: 1950
MLS Number: A11942536
View: None
On Site: 65 Days
Updated: 17 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Deck
  • View: None
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: Dryer, ElectricRange, Disposal, Microwave, Refrigerator
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood,Wood
  • Year Built: 1950
  • Year Built Description: Resale
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Middle School: North Miami
Other Property Info
  • Garage: No info
  • Listing Date: 2026-01-11T20:11:53.000-00:00
  • Directions: South
Taxes, Fees & More
  • Taxes: 8552
  • Parking Description: Driveway
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Price History
01/11/2026
Date
Listed
Event
$698.9K
Price
$823 ft2 / $8,861 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joseph FanslerAmerican Real Estate & Mortgage LLC • Buyer Agency Compensation .
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