Palomar Sub 2 bedroom Single Family House For Sale
12110 Ne 11th Pl, North Miami, FL 33161

$698,899
Nuevo En venta
Mila Bogatov
Mila Bogatov
Corredor Inmobiliario

Detalles


  • Número MLS:A11942536
  • Tour virtual:
  • Precio: $698,899
  • Tamaño: 849 pie² / 79 m²
  • Precio por Pie / Metro: $823 / $8,861
  • Habitaciones:2
  • Baños Completos:1
  • Impuesto anual:$8,552
  • Año de construcción:1950
  • Fecha de listado:January 11, 2026

Descripción


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. 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.

Características


  • Piso:Hardwood, Wood
  • Característica Interior:BedroomOnMainLevel, FirstFloorEntry
  • Característica exterior:Deck
Información requerida
Mila Bogatov
Mila Bogatov
Corredor Inmobiliario