ActiveResidential
550 NE 127th St, North Miami FL 33161
North Miami, FL 33161 · MLS #A11963878The residence
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.
At a glance
Property details
- Property type
- Residential
- Listing type
- For sale
- Status
- Active
- Lot size
- 16,500 sq. ft.
- Subdivision
- GRIFFING BISC PK EST
- County
- Miami-Dade County
- Days on market
- 252
- Original list price
- $1,999,000
- Listing date
- February 12, 2026
- MLS record updated
- October 22, 2026
- Annual property tax
- $12,359 (2025)
- Listing agent
- Alberto Vasquez
- Listing office
- Keller Williams Realty SW
- MLS number
- A11963878
Neighborhood & location
Explore GRIFFING BISC PK EST
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $10,108
- Property taxes
- $1,030
- Homeowners insurance
- $1,000
- Estimated total
- $12,137
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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$1,849,000Listing courtesy of Keller Williams Realty SW, 954-237-0400.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.