550 NE 127th St North Miami, FL $ 1,999,000
550 NE 127th St
$ 1,999,000
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550 NE 127th St

North Miami, FL, 33161
$ 1,999,000
Baths0.0

Monthly Estimate*

$ 12,308

550 NE 127th St, North Miami, FL 33161 - Image 1
Studio

Lots and Land for sale in North Miami, FL

for $1,999,000. The lot size is 16500.

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.

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Lots and Land Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 12,359

Style

Lot Size

16500

Town/City

North Miami

County/Region

Miami-Dade

MLS | Web ID

A11963878

Features
General
Possession Closing & Funding
Development Status Raw Land
Property Subtype Residential
Tax Year 2025
County Miami-Dade
Property Type Land
Subdivision Name GRIFFING BISC PK EST
Facing Direction Northeast
Building Features Not Applicable
Status Active
City North Miami
Zoning Description 0700
MLS Area 22
Lot Size Units Square Feet
Lot Size Square Feet 16500
Listing Terms Cash Conventional FHA
Tax Annual Amount 12359
Standard Status Active
Property Sub Type Additional Residential
Legal Description GRIFFING BISCAYNE PK EST PB 5-83 LOT 3 BLK 3 LOT SIZE 75.000 X 220 OR 21319-2061 04 2003 4 COC 26041-2051 10 2007 1
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Interior
Total Baths 0
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Exterior
Lot Size Area 16500
Lot Size Acres 16500
Waterfront Y/N false
Covered Spaces 0
Number of Lots 16
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* Excluded Features
List By
Keller Williams Realty Sw

Broker

albert@kw.com

Email

Affordability Calculator

$13,338
Per Month
92%
8%
0%
Monthly Principal & Interest
$12,308
Monthly Property Taxes
$1,030
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
DatePricePrice ChangeDescription
2/12/2026$1,999,000 Listed Price

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550 NE 127th St, North Miami, FL, 33161 is a Lots and Land for sale at $1,999,000 with a lot size of 16500. 550 NE 127th St is a studio with 0.0 baths. The property's zip code is 33161 which is in North Miami, FL