$598,000was $629,989
12110 NE 11th Pl
2 bd · 1 ba · 849 sq ft
Asking price cut 5.1% on October 19, from $629,989.
Listing courtesy of American Real Estate & Mortgage LLC. 954-608-2713
From the MLS
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 849 sq ft
- Asking per square foot
- $704
- Year built
- 1950
- ZIP code
- 33161
- MLS number
- A12049898
What the listing says
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.
Description supplied by American Real Estate & Mortgage LLC.
Before you offer on this one
The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.
Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Work with Stefania
Or tell her what you are actually looking for
One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.
Got it — that reached Stefania directly.
She answers inquiries personally, usually the same day. If it is urgent, call(786) 828-0091.