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$885,999 -$1 (0%) Price Reduced
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Property Description
On an expansive 11,198 SF (0.26-acre) lot in the Biscayne Park neighborhood. This property presents a rare investment opportunity. Build your dream estate like the neighboring multimillion-dollar homes, create an income-producing property, or explore redevelopment. Current zoning permits up to four (4) residential units by right, with the potential for up to ten (10) units through the Conditional Use Permit (CUP) process, subject to municipal approval and buyer verification. Casa Bamboo also has tun-key appeal: it's a beautifully renovated 3-bedroom, 2-bath residence. Thoughtfully designed for comfort, privacy, and functionality, the home features a desirable split-bedroom floor plan, two spacious living areas, and an open-concept kitchen with stainless steel appliances, a dishwasher, abundant cabinetry, and generous storage. The oversized primary suite features vaulted ceilings, a walk-in closet, and a spa-inspired ensuite bath, creating a peaceful private retreat. Outside, lush tropical landscaping surrounds a spacious entertainment deck overlooking the expansive backyard-an ideal setting for relaxing, entertaining, or future expansion. Perfectly situated just minutes from Miami Shores, top-rated private schools, beaches, Aventura, Midtown, and the Design District, Casa Bamboo offers the perfect balance of tranquility and convenience.
Full Property Details
Full Property Details for 585 NE 121st St
General
- Price: $885,999
- Taxes: $8,742 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12070494
- Updated: 8/13/2026
- Added to Site: 2 day(s) ago
Location
- Area: Biscayne Park Estates
- County: Miami-Dade County
- Subdivision: BISCAYNE PARK ESTATES
- Building Name: BISCAYNE PARK ESTATES
Community
- Community Name: Biscayne Park Estates
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,198
- Lot Dimensions: 75 x 150
- Frontage Feet: 75
- Street/Road Desc.: Paved
- Lot Features: City Location, Less Than 1 Acre
- Potential Use: Urban Commercial
- Trees/Vegetation: Grass/Pasture, Weeds
- Zoning: 3700
Financial Considerations
- Tax Amount: $8,742
- Tax Year: 2025
Disclosures and Reports
- Ownership: Partnership
- Legal Description: 30-31 52 42 PB 5-107 BISCAYNE PARK ESTS BLKS 8 9 10 11 LOT 9 BLK 8 LOT SIZE 11198 SQUARE FEET OR 21268-1608 04-2002 4 COC 25089-4220 11 2006
- Property ID: 06-22-30-031-0100
Listed by Graber Realty Group LLC
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Schools
Schools serving 585 NE 121st St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Gratigny Elementary School 11905 North Miami Avenue, Miami, FL 33168 | PK-5 | 0.7 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 1 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 585 NE 121st St
Date
Details
Price
Change
Source
8/13/2026
Listed
$885,999
571.21%
MLS
2/23/2012
Sold
$132,000
—
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 585 NE 121st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,742
6%
$331,546
-39%
2024
$8,272
10%
$542,726
12%
2023
$7,526
29%
$486,736
53%
2021
$5,826
-7%
$318,079
-13%
2022
$6,297
8%
$363,558
33%
2021
$5,826
27%
$273,287
46%
2019
$4,599
9%
$187,151
10%
2018
$4,230
5%
$170,138
-26%
2017
$4,043
4%
$228,495
63%
2016
$3,903
2%
$140,610
10%
2015
$3,831
32%
$127,828
10%
2014
$2,905
13%
$116,208
10%
2013
$2,582
—
$105,644
—
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 585 NE 121st St
585 NE 121st St, North Miami, FL 33161 (MLS# A12070494) is a Multi-Family property with a lot size of 0.26 acres. 585 NE 121st St is currently listed for $885,999 and was received on August 13, 2026. Want to learn more about 585 NE 121st St? Do you have questions about finding other Multi-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.

