Quadruplex in 555 NE 127th Street, North Miami, FL 33161 for sale with MLS# A11898183

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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555 NE 127th Street, North Miami, FL 33161

Price
Price:
$1,175,000.00
Original List Price:
$1,175,000.00
List Price per Sq Ft (Calculated, Approx.):
$582.25
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Back On Market
Last Major Update on:
September 16, 2026 5:16 am
Measures
Living Area:
2,018 Sqft
Built-Up Area:
2,120 Sqft
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Construction
Year Built:
1948
Roof:
Barrel
Number of Units Total:
0
Levels:
Two
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
1
Structure Type:
Multi Family
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$13,988.00
Tax Year:
2024
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
GRIFFING BISCAYNE PK EST
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
0000000000300
Zoning:
0700
Public Schools Assigned
Elementary School:
Peace River Elementary
High School:
North Miami
Middle Or Junior School:
North Miami
Listing History
Active on the market since:
September 16, 2026
Listing Agreement executed on:
October 16, 2025
Listing Status Last Changed On:
September 16, 2026 5:16 am
Photos updated on:
September 16, 2026 10:09 am
Last Modified:
September 16, 2026 10:10 am
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
127th
Street Number:
555
City:
North Miami
State:
Florida
Zip Code:
33161
County:
Miami-Dade
Latitude:
N25° 53' 32.8''
Longitude:
W81° 48' 45.1''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $55,265
Median Home Value $376,500
Median Rent $1,494/mo
Median Age 37
Population 54,128

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 30 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 555 NE 127th Street, North Miami, FL 33161
Association of REALTORS®
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