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550 NE 127th St, North Miami, Florida 33161

Active For Sale
$1,999,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 1 in 1 days

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.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: North Miami
  • Subdivision: GRIFFING BISC PK EST
  • Zipcode: 33161
  • Street: 127th St
  • Street Number: 550
  • Floor Number: 0
  • Longitude: W81° 48' 45''
  • Latitude: N25° 53' 30.5''
  • Street Dir Prefix: NE
  • MLS Area: 22

MLS Addon

  • Association Fee: $0
  • Building Features: Not Applicable
  • Close Price: $0
  • Development Status: Raw Land
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional, FHA
  • New Taxes Expense: $0
  • Tax Annual Amount: $12,359
  • Tax Year: 2025

Location

Listing Updated: 2026-02-12 22:06:29

  • Property Type : Land
  • Property Sub Type : Residential
  • Listing Type : For Sale
  • Listing ID : A11963878
  • Price : $1,999,000
  • View : Water
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 16,500 Acre
  • Listing Status : Active
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