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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

    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.
    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#: A11963878MLS LogoOriginating 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

        $656,600

        $578,000 - $749,000

        $3,803/mo

        Price history

        DateEventPrice
        2/12/2026Listed for sale$1,999,000+440.4%
        Source: MIAMI #A11963878 Report a problem
        9/4/2019Listing removed$369,900+1.3%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        5/16/2019Sold$365,000-1.3%
        Source: BeachesMLS #H10611307 Report a problem
        4/2/2019Pending sale$369,900
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        3/28/2019Price change$369,900+2.8%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        3/23/2019Price change$359,900-2.7%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        3/12/2019Price change$369,900-2.6%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        2/15/2019Price change$379,900-2.6%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        2/2/2019Listed for sale$389,900+41.8%
        Source: Solution 1 Realty LLC #H10611307 Report a problem
        8/20/2018Listing removed$274,900
        Source: Solution 1 Realty LLC #H10455522 Report a problem
        5/10/2018Price change$274,900-8.3%
        Source: Solution 1 Realty LLC #H10455522 Report a problem
        4/19/2018Listed for sale$299,900+58.5%
        Source: Solution 1 Realty LLC #H10455522 Report a problem
        10/20/2017Sold$189,200-12%
        Source: Public Record Report a problem
        8/3/2017Pending sale$215,000
        Source: Grand Realty of America, Corp. #A10274848 Report a problem
        7/15/2017Price change$215,000-10.4%
        Source: Grand Realty of America, Corp. #A10274848 Report a problem
        6/13/2017Price change$240,000-3.6%
        Source: Grand Realty of America, Corp. #A10274848 Report a problem
        5/26/2017Price change$249,000-4.2%
        Source: Grand Realty of America, Corp. #A10274848 Report a problem
        5/10/2017Listed for sale$260,000+48.6%
        Source: Grand Realty of America, Corp. #A10274848 Report a problem
        12/21/2015Sold$175,000-7.4%
        Source: Public Record Report a problem
        11/17/2015Pending sale$189,000
        Source: International Realty Group #A2038282 Report a problem
        11/15/2015Price change$189,000-1%
        Source: International Realty Group #A2038282 Report a problem
        11/8/2015Price change$191,000+0.5%
        Source: International Realty Group #A2038282 Report a problem
        7/20/2015Pending sale$190,000
        Source: International Realty Group #A2038282 Report a problem
        7/17/2015Price change$190,000+4.4%
        Source: International Realty Group #A2038282 Report a problem
        7/7/2015Pending sale$182,000+34.8%
        Source: International Realty Group #A2038282 Report a problem
        11/5/2014Sold$135,000+5.6%
        Source: Public Record Report a problem
        5/13/2011Sold$127,900-73.4%
        Source: Public Record Report a problem
        11/9/2007Sold$480,000+42.4%
        Source: Public Record Report a problem
        7/27/2005Sold$337,000+37.6%
        Source: Public Record Report a problem
        10/27/2004Sold$245,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central

        Getting around

        90 / 100
        Walker's Paradise
        45 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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