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

> **TL;DR:** multi-family, $1,175,000 ($582/sqft), built 1948, 2,018 sqft. Est. $5,092/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,175,000 |
| Price/sqft | $582 |
| Square Feet | 2,018 |
| Year Built | 1948 |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,092 |
| **Total** | **$5,092** |

## Property Highlights

- Built in 1948
- 2 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 555 NE 127th St, North Miami, FL 33161
- **County:** Miami-Dade
- **Neighborhood:** Griffing Biscayne Pk Est

## Listing Agent

- **Name:** Omar Garban
- **Brokerage:** Douglas Elliman
- **Phone:** 3056956300
- **Email:** omar.garban@elliman.com

## Primary Photo

![555 NE 127th St - Primary Photo](http://lh.rdcpix.com/4e38e40d3a1ada595ca28f43e49d217fl-f1801179883r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/555-ne-127th-st-north-miami-fl-33161-11898183)*

---

**MLS#:** A11898183 | **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/555-ne-127th-st-north-miami-fl-33161-11898183)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "555 NE 127th St, North Miami, FL 33161",
  "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. \r\nLocated just steps from NE 125th Street and the future Northeast",
  "url": "https://www.propertysimple.com/listing/555-ne-127th-st-north-miami-fl-33161-11898183",
  "image": "http://lh.rdcpix.com/4e38e40d3a1ada595ca28f43e49d217fl-f1801179883r.jpg",
  "datePosted": "2026-06-18",
  "price": 1175000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "555 NE 127th St",
    "addressLocality": "North Miami",
    "addressRegion": "FL",
    "postalCode": "33161",
    "addressCountry": "US"
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2018,
    "unitCode": "FTK"
  },
  "yearBuilt": 1948
}
```