Unimproved Land in 550 NE 127th Street, North Miami, FL 33161 for sale with MLS# A11964527
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.
550 NE 127th Street, North Miami, FL 33161
Price
- Price:
- $1,999,000.00
- Original List Price:
- $1,999,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $121.15
Business Info
- Gross Scheduled Income:
- 0
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- February 12, 2026 5:00 am
- Other Special Conditions:
- City Jurisdiction
Measures
- Lot Area:
- 16,500 Sqft
- Lot Size Dimensions and Info:
- 16500
- Lot Size Acres:
- 16500
Property Features
- Waterfront:
- No
- Current Use:
- Unimproved, Multi-family
Construction
- Road Frontage Type:
- Easement
- Possible Use:
- Commercial
- Flood Zone Code:
- X
Taxes and Expenses
- Tax Annual Amount:
- $12,359.00
- Tax Year:
- 2025
Utilities
- Utilities Available:
- Sewer Available, Other
- Water Source:
- Public
Community
- Subdivision Name:
- GRIFFING BISC PK EST
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Buyer Possession:
- Negotiable
Zoning and Legal
- Tax 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
- Real Estate Folio Number (Parcel Number):
- 0622300250030
- Zoning:
- 0700
Public Schools Assigned
- Elementary School:
- Spruce Creek Elem
- High School:
- North Miami
- Middle Or Junior School:
- North Miami
Listing History
- Active on the market since:
- February 12, 2026
- Listing Agreement executed on:
- February 12, 2026
- Listing Status Last Changed On:
- February 12, 2026 5:00 am
- Photos updated on:
- June 3, 2026 9:44 pm
- Last Modified:
- June 8, 2026 8:16 pm
Additional Information
- Courtesy of:
- Keller Williams Realty SW
- Attribution:
- Not provided
Location
- Street Name:
- 127th
- Street Number:
- 550
- City:
- North Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 53' 30.1''
- Longitude:
- W81° 48' 45.2''
- 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)
45
Good
☀️ O3
30
Good
🫁 PM2.5
45
Good
Ver la propiedad 550 NE 127th Street, North Miami, FL 33161
