MIAMI REALTORS® MLSActiveMLS® A11964527
$1,999,000
550 NE 127th Street, North Miami, FL 33161
- Beds
- —
- Baths
- 0
- Sqft
- —
- Home type
- Unimproved Land
- Year built
- —
- Lot size
- 718,740,000 sqft
- Price / sqft
- —
- HOA
- —
- Community
- GRIFFING BISC PK EST
Property description
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.
Listing activity
- Days on market
- 223
- Listed
- Feb 12, 2026
- MLS listing updated
- Jun 8, 2026
- Feed last checked
- 6 minutes ago
Listed by Alberto Vasquez · Keller Williams Realty SW
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Property
Exterior
- Waterfront property
- No
Lot
- Lot size
- 718,740,000 sqft
- Lot size (acres)
- 16,500 acres
- Lot dimensions
- 16500
- Zoning
- 0700
- Road frontage
- Easement
Construction
Type & style
- Home type
- Unimproved Land
Utilities & green energy
Utilities
- Water
- Public
- Utilities
- Sewer Available, Other
Community & HOA
Community
- Subdivision
- GRIFFING BISC PK EST
- MLS area
- 2220
Lease details
Not reported by the listing source.
Location
Area details
- City
- North Miami
- County
- Miami-Dade
- ZIP code
- 33161
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11964527
- Possession
- Negotiable
- Original list price
- $1,999,000
- Parcel number
- 0622300250030
- Annual property tax
- $12,359
- Tax year
- 2025
- Tax legal description
- GRIFFING BISCAYNE PK EST PB 5-83 LOT 3 BLK 3 LOT SIZE 75.000 X 220 OR 21319-2061 04 2003 4 COC 26041-2051 10 2007 1
Additional MLS details
Reported by the listing source
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- County Or Parish
- Miami-Dade
- Days On Market
- 223
- Elementary School
- Arch Creek
- High School
- North Miami
- List Price
- 1999000
- Listing Contract Date
- 2026-02-12
- Lot Size Acres
- 16500
- Lot Size Dimensions
- 16500
- MLSArea Major
- 2220
- Middle Or Junior School
- North Miami
- Mls Status
- Active
- On Market Date
- 2026-02-12
- Photos Count
- 1
- Postal Code
- 33161
- Property Sub Type
- Unimproved Land
- Property Type
- Land & Docks
- Road Frontage Type
- Easement
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-02-12T05:00:00Z
- Subdivision Name
- GRIFFING BISC PK EST
- Water Source
- Public
- Tax Annual Amount
- 12359
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Feb 12, 2026 | ListedMIAMI REALTORS® MLS | $1,999,000 |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $12,359 | — |
Payment calculator
Estimated monthly payment$12,402/moIllustrative estimate, not a loan offer.
- Principal & interest
- $10,372
- Property taxes
- $1,030
- Insurance
- $1,000
- Association dues
- —
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
GRIFFING BISC PK ESTNorth Miami · Miami-Dade County · 33161
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
Arch CreekElementary
—North MiamiMiddle
—North MiamiHigh
—Nearby homes
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