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.
Lot/land
$1,999,000
550 NE 127th St, North Miami, FL 33161
--beds
--baths
16,500Acres
Unimproved Land
Built in ----
16,500 Acres Lot
$656,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 165 days |
- 77 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Alberto Vasquez 786-481-0204,
Keller Williams Realty SW,
Mark Cintron 305-760-4570,
Keller Williams Realty SW
Source: MIAMI,MLS#: A11963878
Originating MLS: A-Miami Association of REALTORS
Facts & features
Property
Features
- Fencing: Fenced
Lot
- Size: 16,500 Acres
- Residential vegetation: Other Trees
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 0622300250030
- Zoning: 0700
Community & HOA
Community
- Subdivision: Griffing Bisc Pk Est
HOA
- Has HOA: No
Location
- Region: North Miami
Financial & listing details
- Tax assessed value: $558,207
- Annual tax amount: $12,359
- Date on market: 2/12/2026
- Listing terms: All Cash,Conventional,FHA
Estimated market value
Zestimate®
$656,600
Estimated sales range
$578,000 - $749,000
Rent Zestimate®
$3,803/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2026 | Listed for sale | $1,999,000+440.4% |
Source: | ||
| 9/4/2019 | Listing removed | $369,900+1.3% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 5/16/2019 | Sold | $365,000-1.3% |
Source: | ||
| 4/2/2019 | Pending sale | $369,900 |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 3/28/2019 | Price change | $369,900+2.8% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 3/23/2019 | Price change | $359,900-2.7% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 3/12/2019 | Price change | $369,900-2.6% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 2/15/2019 | Price change | $379,900-2.6% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 2/2/2019 | Listed for sale | $389,900+41.8% |
Source: Solution 1 Realty LLC #H10611307 Report a problem | ||
| 8/20/2018 | Listing removed | $274,900 |
Source: Solution 1 Realty LLC #H10455522 Report a problem | ||
| 5/10/2018 | Price change | $274,900-8.3% |
Source: Solution 1 Realty LLC #H10455522 Report a problem | ||
| 4/19/2018 | Listed for sale | $299,900+58.5% |
Source: Solution 1 Realty LLC #H10455522 Report a problem | ||
| 10/20/2017 | Sold | $189,200-12% |
Source: Public Record Report a problem | ||
| 8/3/2017 | Pending sale | $215,000 |
Source: Grand Realty of America, Corp. #A10274848 Report a problem | ||
| 7/15/2017 | Price change | $215,000-10.4% |
Source: Grand Realty of America, Corp. #A10274848 Report a problem | ||
| 6/13/2017 | Price change | $240,000-3.6% |
Source: Grand Realty of America, Corp. #A10274848 Report a problem | ||
| 5/26/2017 | Price change | $249,000-4.2% |
Source: Grand Realty of America, Corp. #A10274848 Report a problem | ||
| 5/10/2017 | Listed for sale | $260,000+48.6% |
Source: Grand Realty of America, Corp. #A10274848 Report a problem | ||
| 12/21/2015 | Sold | $175,000-7.4% |
Source: Public Record Report a problem | ||
| 11/17/2015 | Pending sale | $189,000 |
Source: International Realty Group #A2038282 Report a problem | ||
| 11/15/2015 | Price change | $189,000-1% |
Source: International Realty Group #A2038282 Report a problem | ||
| 11/8/2015 | Price change | $191,000+0.5% |
Source: International Realty Group #A2038282 Report a problem | ||
| 7/20/2015 | Pending sale | $190,000 |
Source: International Realty Group #A2038282 Report a problem | ||
| 7/17/2015 | Price change | $190,000+4.4% |
Source: International Realty Group #A2038282 Report a problem | ||
| 7/7/2015 | Pending sale | $182,000+34.8% |
Source: International Realty Group #A2038282 Report a problem | ||
| 11/5/2014 | Sold | $135,000+5.6% |
Source: Public Record Report a problem | ||
| 5/13/2011 | Sold | $127,900-73.4% |
Source: Public Record Report a problem | ||
| 11/9/2007 | Sold | $480,000+42.4% |
Source: Public Record Report a problem | ||
| 7/27/2005 | Sold | $337,000+37.6% |
Source: Public Record Report a problem | ||
| 10/27/2004 | Sold | $245,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,360 +3.6% | $558,207 +3.7% |
| 2024 | $11,931 +6.1% | $538,457 +6.6% |
| 2023 | $11,242 +98.6% | $504,958 +70% |
| 2022 | $5,661 +0.5% | $297,010 +3% |
| 2021 | $5,632 +1.4% | $288,360 +1.4% |
| 2020 | $5,556 +18.7% | $284,379 +39.6% |
| 2019 | $4,682 +5.5% | $203,639 +3.4% |
| 2018 | $4,440 | $196,874 +20.2% |
| 2017 | $4,440 +18.9% | $163,805 +8.1% |
| 2016 | $3,734 +9.4% | $151,547 +6.5% |
| 2015 | $3,413 +4.9% | $142,321 +12.6% |
| 2014 | $3,252 +7.5% | $126,340 +10% |
| 2013 | $3,024 | $114,855 -6.9% |
| 2012 | $3,024 -4.2% | $123,363 -2.5% |
| 2011 | $3,157 -11.4% | $126,583 -6.6% |
| 2010 | $3,565 -33% | $135,583 -38.9% |
| 2009 | $5,322 -32.7% | $221,744 -35.3% |
| 2007 | $7,905 +23% | $342,583 |
| 2006 | $6,427 | -- |
| 2005 | $6,427 +397.9% | -- |
| 2004 | $1,291 +6% | -- |
| 2003 | $1,218 +5.5% | -- |
| 2002 | $1,154 | -- |
| 2001 | $1,154 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Central
Nearby schools
GreatSchools rating
- 6/10Archcreek Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10North Miami Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10North Miami Senior High SchoolGrades: 9-12Distance: 0.4 mi
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