North Miami, FL 33161 550 NE 127th St
$1,999,000
Presented By: This listing is courtesy of Keller Williams Realty SW
Home Details
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.
Presented By: This listing is courtesy of Keller Williams Realty SW
Interior Features for 550 NE 127th St
Bathrooms
Total Baths
General for 550 NE 127th St
CityNorth Miami
CountyMiami-Dade
Current UseCommercial, Unimproved
Legal DescriptionGRIFFING 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
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet16500
Lot Size UnitsSquare Feet
MLS Area22
PossessionClosing & Funding
PostalCityNorth Miami
Property TypeLand
SewerOther
Standard StatusActive
StatusActive
Subdivision NameGRIFFING BISC PK EST
Tax Annual Amount12359
Tax Year2025
UtilitiesOther
Zoning Description0700
Exterior for 550 NE 127th St
Covered Spaces
Lot Dimensions0x0
Lot Features<1 Acre
Lot Size Acres16500
Lot Size Area16500
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Vivian Arroyo
BK - Broker Associate
