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

> **TL;DR:** land, $1,999,000. Est. $10,691/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,999,000 |
| Lot Size | 718,740,000 sqft (16500.00 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $10,108 |
| Estimated Insurance | $583 |
| **Total** | **$10,691** |

## Property Highlights

- 16500.00 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
- **Coordinates:** 25.891792, -80.187437
- **Google Maps:** https://www.google.com/maps?q=25.891792,-80.187437

## Listing Agent

- **Name:** Alberto Vasquez · **License:** 3216182
- **Brokerage:** Keller Williams Realty
- **Broker Phone:** 9542370400
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/550-NE-127th-St_North-Miami_FL_33161_M67622-48189?f=listhub&s=MAORFL&m=A11964527&c=propsimple)

## Photos

![550 NE 127th St - Photo 1](http://lh.rdcpix.com/ea3b057c0c2a864fe9ef8ecc2be8f97dl-f639711808r.jpg)

---

**MLS#:** A11964527 | **Updated:** 2026-10-20
**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.ai/listing/550-ne-127th-st-north-miami-fl-33161-ca31315213014bb9a7aa12986a47382e)

---

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