$599,900list price
Price cut$10,100
3 bd · 2 ba · 1,174 sq ft House
1655 NW 124TH ST, NORTH MIAMI, FL 33167
Listing courtesy of Florida Realty of Miami Corp. MLS# A12060840.On the MLS · Listed Jul 25
$598,000
12110 NE 11TH PL, NORTH MIAMI, FL 33161
2 beds1 bath849 sq ftHouseBuilt 1950
Updated today, November 3, 2026This home against North Miami
$704 per sq ft, 156% over the North Miami median
120 days on the market
Price cut $31,989 since it was listed at $629,989
$8,552 in property taxes (2026)
7,841 sq ft lot
North Miami today: 378 homes for sale, median list price $407,009.
About this home
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.
Zoned schools
Elementary: W. J. Bryan Elementary
Middle: North Miami Middle School
High: North Miami Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Enchanted Forest Park, 0.3 mi
Grocery: Publix, 0.5 mi
Distances from the center of NORTH MIAMI.
Listing courtesy of American Real Estate & Mortgage LLC. MLS# A12049898.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed July 6, 2026.
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