Active 114 days on market

550 NE 127th St, North Miami FL 33161

Bedrooms

Bathrooms

Residential16500 sqft

Property Details

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.

Facts & Features

Interior

Bedrooms

Bathrooms

Exterior & Construction

Lot Size

16500 sqft

Listing Details

Property Type

Residential

MLS#

426691909

Area

Griffing Bisc Pk Est

Days on Market

114

Price History

Estimated Monthly Payment

Home Price

Down Payment

Loan Term

Interest Rate

HOA Fees

$/mo

Monthly Payment

$12,390/mo

Principal & Interest$10,108

Property Tax$1,699

Homeowner's Insurance$583

HOA Fees$0

Total$12,390

Property Location

Listing courtesy of Keller Williams Realty SW

Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 6/11/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.