$1,999,000 $10,731 est/mo Sourced by Back At You
550 NE 127th St,North Miami, FL 33161
North Miami, FL 33161
Description
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.
Details
| MLS # | A11963878 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 203 |
| Listing Provided By | Keller Williams Realty SW | Alberto Vasquez |
Features
| Zoning | 0700 |
|---|---|
| Acreage | 16500.00 |
Taxes
| Tax Annual Amount | 12359 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 22 |
| Community Name | GRIFFING BISC PK EST |
| Listing VS Median (in GRIFFING BISC PK EST) | |
Price: $1,999,000 low | high Med: $602,000 On site: 203 low | high Med: 24.5 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | North Miami |
| Zip Code | 33161 |
| Area | 22 |
| Community Name | GRIFFING BISC PK EST |
| Listing VS Median (in GRIFFING BISC PK EST) | |
Price: $1,999,000 low | high Med: $602,000 On site: 203 low | high Med: 24.5 | |
Nearby Listings (Within 1/10 mile)
Price: $1.499M - $2.498M
sqft: 0 - 0
Listing Updated: September 3, 2026 at 7:36:03 AM PDT