550 NE 127th St

North Miami, FL 33161

$1,999,000

Listing courtesy of Alberto Vasquez, Keller Williams Realty SW

About this home

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

Property

Lot size: 16,500 sq ft
Building name: GRIFFING BISC PK EST
Subdivision: GRIFFING BISC PK EST
County: Miami-Dade County
Flood zone: X

Community and fees

Annual taxes: $12,359
Terms: All Cash, Conventional, FHA, VA Loan

Neighborhood

Finding places nearby…

Loading the map…

Places nearby are not available right now.

The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated June 3, 2026.