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Residential Land for Sale in North Miami, Florida

550 NE 127th St, North Miami, FL 33161

$1,999,000
0.38 acres
Active sale
ago
Est $14,506/mo

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

Street address
550 NE 127th St
Community
Griffing Bisc PK Est
Elevation
7 feet
Coordinates
25.8918, -80.1874

Property details

Lot size
0.379 acres16,509 sq ft
MLS #
MAOR A11963878
Posted

Property taxes

2025
$12,359

Parcels

  • 06-22-30-025-0030

Legal description

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Listing history

DateEventPriceChangeSource
May 12, 2026New listing$1,999,000MAOR
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This 0.379-acre property is located at 550 NE 127th St in North Miami, FL 33161. The property is available for sale for $1,999,000.

Listed by Keller Williams Realty SW, (954) 237-0400

Checked 1 hour agoUpdated Source

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Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Alberto Vasquez
Keller Williams Realty SW
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