550 NE 127th St North Miami, FL 33161

This shovel-ready development site is offered with fully approved plans and zoning in place for a 16-unit multifamily project. The approved configuration totals 17,384 buildable square feet across unit types including eight 2-bedroom/1-bath homes, six 3-bedroom/2-bath homes, and two 4-bedroom/3-bath homes. The offering includes the land and the approved plan set, positioning the site for immediate vertical construction upon closing.

Located in North Miami, Florida at 550 NE 127th St (Miami-Dade County, 33161), the property is presented as a reduced-entitlement-risk opportunity, with approvals complete per the public remarks. The listing describes the project as ready to move forward straight to construction.

For builders, investors, and family-office operators, the appeal here is the combination of a defined residential unit mix and an approval package already in place. The seller’s materials also reference rental comps averaging approximately $2.85/SF; prospective buyers should treat that statement as the seller-provided context while performing their own underwriting. If you are looking for a multifamily development site with a clear, approved plan pathway, this offering is structured to support that objective.