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1053 NE 128th St, North Miami FL 33161

Multi-family For Sale
$800,000

BTC: 12.30769231

ETH: 420.46840180

19 days
0 room(s)
1,762 sqft

Overview

Exceptional redevelopment and investment opportunity in the heart of North Miami. Situated on a 9,660 SF lot with R-6 Multi-Family zoning, this property offers significant development potential in an area experiencing continued growth and redevelopment. The existing property is currently configured as a duplex and is being sold primarily for its land value and future development potential. Conveniently located just minutes from Biscayne Blvd, FIU Biscayne Bay Campus, Barry University, North Miami Beach, Bal Harbour, Aventura, Downtown Miami, and major highways. Surrounded by new residential and mixed-use developments, this property presents an excellent opportunity for developers, investors, or builders seeking to capitalize on the area's strong demand. Buyer is responsible for independently verifying zoning, density, permitted uses, setbacks, parking requirements, and all development regulations with the City of North Miami. Conceptual renderings, if provided, are for illustrative purposes only and do not represent approved plans or entitlements.

Location

Florida • North Miami • 33161 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1949
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$454
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$401K – $858K
Confidence Low
List vs. estimate
$201K above estimate
List $800,000 · +33.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$454
+17.2% vs. city median $387
Based on
42 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $550K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,728
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Wood

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 06-22-29-036-0040

    • Zoning: 3800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $4,728

  • Source details

    • MLS ID: A12050565

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1762

    • Subdivision Name: ARCH CREEK PINES

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.

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Market around this address

Live counts in the same area.
View all
This zip
33161
272
median $604K
Active
Same city
North Miami
887
median $399K
Active
Same type
Multi-family
14
median $732K
Active
Similar price
$560K – $1.0M
178
median $702K
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: Lifestyle International Realty