550 NE 127th Street
North Miami, FL 33161
16,500Sqft(Lot)
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.
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 16500 Lot Size Acres: 16500 Lot Size Square Feet: 16,500 Lot Description: CityLotProperty Information
Subdivision: GRIFFING BISC PK EST Source Property Type: Land Postal Code Plus 4: 4725 Property SubType: Unimproved Land
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Listing Price Information
Listing Price: $1999000Cash, Conventional, FHA, VaLoan
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Tax Information
Parcel Number: 0622300250030 Tax Year: 2025 Annual Tax: $12359 Tax Legal Desc: 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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School Information
Elementary School: Arch Creek Junior High School: North Miami Senior High School: North Miami -
Utility Information
Other, SewerAvailable -
Location Information
WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1480 NE 131st St 105, North Miami, FL, 33161 | $699,999 | -- | -- | -- | Acres (Lot)-- |
| 13300 NE 9th Avenue, North Miami, FL, 33161 | $599,000 | -- | -- | -- | 6,939 Sqft(Lot) |
| 12610 NE 11th Ave, North Miami, FL, 33161 | $1,400,000 | -- | -- | -- | 10,563 Sqft(Lot) |
| 14100 W Dixie Highway, North Miami, FL, 33161 | $1,190,000 | -- | -- | -- | Acres (Lot)-- |
| 550 NE 127th Street, North Miami, FL, 33161 | $1,999,000 | -- | -- | -- | Acres (Lot)-- |
| 530 NE 141st St, North Miami, FL, 33161 | $1,200,000 | -- | -- | -- | 23,925 Sqft(Lot) |
| 530 NE 141st St, North Miami, FL, 33161 | $1,200,000 | -- | -- | -- | 23,925 Sqft(Lot) |
| 12395 Griffing Blvd, North Miami, FL, 33161 | $697,000 | -- | -- | -- | 16,725 Sqft(Lot) |
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ByOwner last updated this listing 06/14/2026 @ 15:04
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