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550 NE 127th St, North Miami, FL 33161

North Miami
Local realty services provided by:CENTURY 21 North East
550 NE 127th St,North Miami, FL 33161
$1,999,000
  • 0.38 Acres
  • Lots / Land
  • Active
Listed by: alberto vasquez, mark cintron
Office: keller williams realty sw954-237-0400
MLS#:A11964527
Source:SEFMLS

Price summary

  • Price:$1,999,000

About this home

Rare shovel-ready 16-unit multifamily development opportunity in North Miami. Fully approved plans and zoning in place. 17,384 total buildable SF across 16 units (8 2/1s, 6 3/2s, 2 4/3s). Strong rental comps averaging ~$2.85/SF. Ideal for long-term hold investor, family office, or builder seeking reduced entitlement risk. All approvals complete — ready for immediate vertical construction. Offering includes land and approved plans.

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Home facts

  • Subdivision & Development:GRIFFING BISC PK EST
  • Listing ID #:A11964527
  • Updated:October 28, 2026 at 09:56 AM

Structure and exterior

  • Lot area:0.38 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,999,000
  • Tax amount:$12,359 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. SEFMLS Member Broker: James D’Amico

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