Home/Search/550 NE 127th St, North Miami FL 33161
550 NE 127th St, North Miami FL 33161
For Sale
Residential

$1,999,000

550 NE 127th St, North Miami FL 33161

16500 ac

Acres

0700

Zoning

Residential

Sub Type

About This Property

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.

Property Details

MLS #:A11963878
Price:$1,999,000
Status:For Sale
Days on Market:114
Date Listed:Feb 12, 2026
Lot Size:16500 sqft
Lot Acres:16500 acres
Property Type:Land/Boat Docks
Property Sub Type:Residential

Structure Type:Residential
Fencing:Fenced
Lot Features:Fenced
Lot Size:16500 sqft

Area/Region:Griffing Bisc Pk Est
Direction Faces:Northeast
Zoning:0700

Annual Tax Amount:$12,359
Tax Year:2025
Listing Terms:All Cash, Conventional, FHA
Possession:Funding
Parcel Number:06-22-30-025-0030
Legal Description:GRIFFING BISCAYNE PK EST PB 5-83 LOT 3 BLK 3 LOT SIZE 75.000 X 220 OR 21319-2061 04 2003 4 COC 26041-2051 10 2007 1
REsource

REsource

Real Estate Source Company

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Listing courtesy of Keller Williams Realty SW. Data last updated June 3, 2026 at 09:43 PM.