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$1,999,000 Just Listed

  • For Sale
  • Active
  • Residential Lots
  • 16,500 Acres
  • Updated 2 days ago
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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.

Full Property Details for 550 NE 127th St

General

  • Price: $1,999,000
  • Taxes: $12,359 (2025)
  • Status: Active
  • Type: Residential Lots
  • Source: Greater_Miami
  • MLS ID: A11963878
  • Updated: 2/12/2026
  • Added to Site: 3 day(s) ago

Location

  • Area: Griffing Bisc Pk Est
  • County: Miami-Dade County
  • Subdivision: GRIFFING BISC PK EST
  • Building Name: GRIFFING BISC PK EST
  • Direction Faces: Northeast

Community

  • Community Name: Griffing Bisc Pk Est

Structural Information

  • Structure Type: Residential
  • Detached/Attached: Detached
  • Current Bldg. Use: Residential, Other Usage

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 16,500
  • Lot Size (Sq. Ft.): 16,500
  • Lot Features: Fenced
  • Development Status: Undeveloped
  • Trees/Vegetation: Other Trees
  • Zoning: 700
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $12,359
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • 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
  • Property ID: 06-22-30-025-0030

Listed by Keller Williams Realty SW

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Listing agents

— 550 NE 127th St —

  • Keller Williams Realty SW

  • Keller Williams Realty SW

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 550 NE 127th St

School District:Dade County School District
NameGradesDistance
Archcreek Elementary School
702 Northeast 137th Street, North Miami, FL 33161
PK-50.7 mi
North Miami Middle School
700 Northeast 137th Street, North Miami, FL 33161
6-80.6 mi
North Miami Senior High School
13110 Northeast 8th Avenue, North Miami, FL 33161
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 NE 127th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$1,999,000
447.67%
MLS
5/15/2019
Sold
$365,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 550 NE 127th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,931
6%
$538,457
7%
2023
$11,242
100%
$504,958
75%
2021
$5,632
-1%
$288,360
-3%
2022
$5,661
1%
$297,010
4%
2021
$5,632
20%
$284,379
40%
2019
$4,682
5%
$203,639
3%
2018
$4,440
19%
$196,874
20%
2017
$3,734
6%
$163,805
8%
2016
$3,513
3%
$151,547
6%
2015
$3,413
5%
$142,321
13%
2014
$3,252
16%
$126,340
10%
2013
$2,808
—
$114,855
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 550 NE 127th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty SW

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550 NE 127th St, North Miami, FL 33161 (MLS# A11963878) is a Residential Lots property with a lot size of 16500 acres. 550 NE 127th St is currently listed for $1,999,000 and was received on February 12, 2026. Want to learn more about 550 NE 127th St? Do you have questions about finding other Residential Lots real estate for sale in North Miami? You can browse all North Miami real estate or contact a Coldwell Banker agent to request more information.

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