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$1,175,000
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Property Description
Exceptional development opportunity in the heart of North Miami's P3 redevelopment zone. Conditional change of use to allow a 3-story boutique residential building has been approved. Plans envision up to 12 units with 25 parking spaces, perfectly aligned with the city's master redevelopment vision. Just steps from NE 125th St and the future transit corridor, this site is ideally positioned in one of Miami's fastest-growing areas. Located just steps from NE 125th Street and the future Northeast Corridor rapid transit line, the site is surrounded by major public and private investment, new multifamily projects, and significant infrastructure upgrades.
Full Property Details
Full Property Details for 555 NE 127th St
General
- Price: $1,175,000
- Taxes: $13,988 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11898186
- Updated: 10/20/2025
- Added to Site: 87 day(s) ago
Interior
- Interior Features: First Floor Entry, Family Room
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Family Room Sq. Ft.
- Laundry: Washer/Dryer Hook-Up
Exterior
- Exterior Features: None
Parking
- Parking Features: Driveway
Location
- Area: Griffing Biscayne Pk Est
- County: Miami-Dade County
- Subdivision: GRIFFING BISCAYNE PK EST
- Building Name: GRIFFING BISCAYNE PK EST
- Direction Faces: South
School Information
- Middle School: North Miami
Community
- Community Name: Griffing Biscayne Pk Est
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Barrel Roof
- Building Size: 2120
- Square Feet: 2,018
- Living Area: 2,018 Sq. Ft.
- Year Built: 1948
Lot Features
- Property View: Other
- Lot Size (Sq. Ft.): 17,175
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 700
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $582.26
- Tax Amount: $13,988
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: GRIFFING BISCAYNE PK EST PB 5-104 LOT 32 BLK 2 LOT SIZE 75.000 X 229 OR 21316-4081 04 2003 4
- Restrictions: No Restrictions
- Property ID: 06-22-30-024-0300
Listed by Douglas Elliman
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Schools
Schools serving 555 NE 127th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Archcreek Elementary School 702 Northeast 137th Street, North Miami, FL 33161 | PK-5 | 0.6 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 0.6 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 0.4 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 555 NE 127th St
Date
Details
Price
Change
Source
10/20/2025
Listed
$1,175,000
34.29%
MLS
8/12/2024
Sold
$875,000
—
Public Record
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
Tax History for 555 NE 127th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,988
5%
$631,290
5%
2023
$13,333
86%
$598,873
68%
2021
$7,179
—
$355,941
-3%
2022
$7,210
—
$366,619
4%
2021
$7,179
—
$351,027
-1%
2019
$7,149
11%
$353,146
24%
2018
$6,445
26%
$285,797
27%
2017
$5,127
228%
$224,876
105%
2016
$1,563
-2%
$109,551
1%
2015
$1,600
-1%
$108,790
1%
2014
$1,611
2%
$107,927
1%
2013
$1,576
—
$106,333
—
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
Estimate the Cost for 555 NE 127th St
555 NE 127th Street, North Miami, FL 33161 (MLS# A11898186) is a Single Family property with 4 bedrooms and 2 full bathrooms. 555 NE 127th Street is currently listed for $1,175,000 and was received on October 20, 2025. Want to learn more about 555 NE 127th Street? Do you have questions about finding other Single Family 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.

