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550 NE 127th St, North Miami FL 33161

Lots/Land For Sale
$1,999,000

BTC: 31.11284047

ETH: 1,050.64541900

170 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
$573,000
$104K – $2.0M
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,999,000 · +248.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $540K
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.

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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
Lots/Land
24
median $649K
Active
Similar price
$1.4M – $2.6M
57
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