555 NE 127th St North Miami, FL $ 1,175,000
555 NE 127th St
$ 1,175,000
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555 NE 127th St

North Miami, FL, 33161
$ 1,175,000
Baths0.0 Sq 2,018

Monthly Estimate*

$ 7,330

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Studio

Multi-Family Home for sale in North Miami, FL

for $1,175,000. This 2,018 square foot home was built in 1948.

Exceptional development opportunity in the heart of North Miami’s P3 redevelopment zone. Conditional change of use to allow a 3-story boutique residential building has been approved. Plans envision up to 12 units with 25 parking spaces, perfectly aligned with the city’s master redevelopment vision. Just steps from NE 125th St and the future transit corridor, this site is ideally positioned in one of Miami’s fastest-growing areas. Located just steps from NE 125th Street and the future Northeast Corridor rapid transit line, the site is surrounded by major public and private investment, new multifamily projects, and significant infrastructure upgrades.

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,988

Style

Year Built

1948

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A11898183

Features
General
Sewer Public Sewer
Heating None
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow
Roof Barrel
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1948
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2024
County Miami-Dade
Property Type Residential Income
Subdivision Name GRIFFING BISCAYNE PK EST
Rent Includes Sewer
Status Active
City North Miami
Zoning Description 0700
MLS Area 22
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 13988
Virtual Tour https://www.zillow.com/view-imx/1db36bf8-fc7e-40f4-8fe6-2c711aea99a4?setAttribution=mls&wl=true&initialViewType=pano
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description GRIFFING BISCAYNE PK EST PB 5-104 LOT 32 BLK 2 LOT SIZE 75.000 X 229 OR 21316-4081 04 2003 4
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 2
Building Area Total 2120
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Douglas Elliman

Broker

omar.garban@elliman.com

Email

Affordability Calculator

$8,496
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,330
Monthly Property Taxes
$1,166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/22/2025 $1,175,000 Listed Price

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555 NE 127th St, North Miami, FL, 33161 is a Multi-Family Home for sale at $1,175,000 with 2,018 sqft. 555 NE 127th St is a studio with 0.0 baths and was built in 1948. The property's zip code is 33161 which is in North Miami, FL