logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

550 NE 127th St, North Miami FL 33161

Lots/Land For Sale
$1,999,000

BTC: 31.23437500

ETH: 1,110.55555556

111 days
0 room(s)

Overview

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.

Location

Florida • North Miami • 33161 • Lots/Land • For Sale

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
16500.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$631,500
$104K – $2.0M
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,999,000 · +216.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
20 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $566K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,359
2025
All facts and features

  • Lot

    • Lot: 16500.00 Acres

    Other Property Information

    • Parcel Number: 06-22-30-025-0030

    • Zoning: 0700

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $12,359

  • Source details

    • MLS ID: A11963878

    Other facts

    • Lot Features: Fenced

    • Direction Faces: Northeast

    • Other Structures: None

    • Subdivision Name: GRIFFING BISC PK EST

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

-$2K
For Sale
$1,508,000
House
3 bds · 2 ba · 1,640 sqft
BISCAYNE GARDENS SEC E PA, Miami
14441 S Biscayne River Rd, Miami FL 33161
For Sale
$1,600,000
House
3 bds · 2 ba · 1,847 sqft
AMD PL GRIFFING BISCAYNE, Biscayne Park
11144 NE 8th Ct, Biscayne Park FL 33161
For Sale
$1,850,000
House
5 bds · 4 ba · 2,943 sqft
SAN SOUCI ESTATES, North Miami
2001 NE 122nd Rd, North Miami FL 33181
For Sale
$1,740,000
House
4 bds · 2 ba · 2,283 sqft
MIAMI SHORES SEC 1 AMD, Miami Shores
254 NE 101st St, Miami Shores FL 33138
-$200K
For Sale
$1,450,000
House
5 bds · 3 ba · 2,634 sqft
BISC GARDENS SEC H PART 2, Miami
14150 NW 1st Ave, Miami FL 33168
For Sale
$2,075,000
Commercial
0 room(s)
North Miami
1747 NE 124th St, North Miami FL 33181
For Sale
$1,749,000
House
2 bds · 2 ba · 2,029 sqft
MIAMI SHORES SEC 4 AMD PL, Miami Shores
427 Grand Concourse, Miami Shores FL 33138
For Sale
$2,150,000
House
4 bds · 3 ba · 2,149 sqft
SOARS RIVER ESTATES, El Portal
360 NW 87th St, El Portal FL 33150

Market around this address

Live counts in the same area.
View all
This zip
33161
272
median $665K
Active
Same city
North Miami
856
median $405K
Active
Same type
Lots/Land
23
median $697K
Active
Similar price
$1.4M – $2.6M
54
median $1.9M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty SW