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585 NE 121st St, North Miami FL 33161

Commercial For Sale
$885,999

BTC: 13.68972497

ETH: 465.66822941

-$1 (2026/08/13)
2 days
0 room(s)

Overview

On an expansive 11,198 SF (0.26-acre) lot in the Biscayne Park neighborhood. This property presents a rare investment opportunity. Build your dream estate like the neighboring multimillion-dollar homes, create an income-producing property, or explore redevelopment. Current zoning permits up to four (4) residential units by right, with the potential for up to ten (10) units through the Conditional Use Permit (CUP) process, subject to municipal approval and buyer verification. Casa Bamboo also has tun-key appeal: it’s a beautifully renovated 3-bedroom, 2-bath residence. Thoughtfully designed for comfort, privacy, and functionality, the home features a desirable split-bedroom floor plan, two spacious living areas, and an open-concept kitchen with stainless steel appliances, a dishwasher, abundant cabinetry, and generous storage. The oversized primary suite features vaulted ceilings, a walk-in closet, and a spa-inspired ensuite bath, creating a peaceful private retreat. Outside, lush tropical landscaping surrounds a spacious entertainment deck overlooking the expansive backyard—an ideal setting for relaxing, entertaining, or future expansion. Perfectly situated just minutes from Miami Shores, top-rated private schools, beaches, Aventura, Midtown, and the Design District, Casa Bamboo offers the perfect balance of tranquility and convenience.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.26 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,890,000
$652K – $4.7M
Confidence Low
List vs. estimate
$1.0M below estimate
List $885,999 · -53.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $835K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,742
2025
All facts and features
  • Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 06-22-30-031-0100

    • Zoning: 3700

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Income/MultiFamily

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $8,742

  • Source details

    • MLS ID: A12070494

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 75x150

    • Subdivision Name: BISCAYNE PARK ESTATES

Private inquiry
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Market around this address

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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: Graber Realty Group LLC