$1,999,000
 $10,731 est/mo Sourced by Back At You

550 NE 127th Street,North Miami, FL 33161

North Miami, FL 33161

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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 TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site194
Listing Provided ByKeller Williams Realty SW | Alberto Vasquez

Features

Zoning0700
Acreage16500.00

Taxes

Tax Annual Amount12359

Area Information

StateFL
CountyMiami Dade
CityNorth Miami
Zip Code33161
Area2220
Community NameGRIFFING BISC PK EST
Listing VS Median (in GRIFFING BISC PK EST)
Price:
$1,999,000
low | high
Med:
$602,000
100% of Average
On site:
194
low | high
Med:
15.5
100% of Average
Sourced by Back At You

Market Activity 33161

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Learn More About This Property

StateFL
CountyMiami Dade
CityNorth Miami
Zip Code33161
Area2220
Community NameGRIFFING BISC PK EST
Listing VS Median (in GRIFFING BISC PK EST)
Price:
$1,999,000
low | high
Med:
$602,000
100% of Average
On site:
194
low | high
Med:
15.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.499M - $2.498M
sqft: 0 - 0
Listing Updated: June 11, 2026 at 12:19:43 PM PDT