550 NE 127th St North Miami, FL 33161
LAND - North Miami, FL
Property Features for 550 NE 127th St
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 06-22-30-025-0030
- Lot size
- 16,500.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GRIFFING BISCAYNE PK EST PB 5-83 LOT 3 BLK 3 LOT SIZE 75.000 X 220 OR 21319-2061 04 2003 4 COC 26041-2051 10 2007 1
- Tax Annual Amount
- 12359
Utilities
- Water source
- Public
Listing agent Alberto Vasquez License #3216182 (786) 481-0204
Listing office Keller Williams Realty SW 880 SW 145TH AVE STE 102, FL (954) 237-0400
Listing date Jun 3, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in North Miami, Florida, at 550 NE 127th St (Miami-Dade County). The seller’s materials describe the project as shovel-ready, with approvals complete and positioned for immediate vertical construction based on the included documentation.
For buyers, builders, and operators, this structure provides a clear development pathway using the already-approved plans rather than starting from the permitting stage. The package is presented as suitable for a long-term hold investor, a family office, or a builder looking to work with finalized approvals. The listing also references rental comps averaging about $2.85/SF to contextualize the proposed residential use, though underwriting should be confirmed independently by prospective parties.
Key Highlights
- Fully approved, shovel‑ready 16‑unit multifamily development in North Miami with plans and zoning in place
- Proposed project totals 17,384 buildable SF across 16 units: 8 two‑bedroom/two‑bath, 6 three‑bedroom/two‑bath, and 2 four‑bedroom/three‑bath
- Public water available
