# 550 NE 127th St, North Miami, FL 33161

> **TL;DR:** land, $1,999,000. Est. $8,662/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,999,000 |
| Lot Size | 16,501 sqft (0.38 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,662 |
| **Total** | **$8,662** |

## Property Highlights

- 0.38 acre lot

## Description

### Agent 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.

## Location

- **Address:** 550 NE 127th St, North Miami, FL 33161
- **County:** Miami-Dade
- **Neighborhood:** Griffing Bisc Pk Est

## Listing Agent

- **Name:** Alberto Vasquez
- **Brokerage:** Keller Williams Realty SW
- **Phone:** 95242370400
- **Email:** albert@kw.com

## Primary Photo

![550 NE 127th St - Primary Photo](http://lh.rdcpix.com/828aea27e45a1a40c4b95f580d13728cl-f2242182709r.jpg)

---

**MLS#:** A11964527 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/550-ne-127th-st-north-miami-fl-33161-11964527)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "550 NE 127th St, North Miami, FL 33161",
  "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.",
  "url": "https://www.propertysimple.com/listing/550-ne-127th-st-north-miami-fl-33161-11964527",
  "image": "http://lh.rdcpix.com/828aea27e45a1a40c4b95f580d13728cl-f2242182709r.jpg",
  "datePosted": "2026-06-18",
  "price": 1999000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "550 NE 127th St",
    "addressLocality": "North Miami",
    "addressRegion": "FL",
    "postalCode": "33161",
    "addressCountry": "US"
  },
  "yearBuilt": null
}
```