$1,999,000

550 NE 127th, North Miami FL, 33161

Price per sqft$121.15

Lot size0.38 Acres

Property typeLand

Courtesy of Alberto Vasquez with Keller Williams Realty SW

Overview

Active

Listed Mar 2, 2026

Updated 7 days ago

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.

Additional information

MLS^® ID: A11964527

Exterior Features

Lot Size: 0.38 Acres

Other Property Details

Taxes: $12,359
Tax Frequency: Annually

Courtesy of Keller Williams Realty SW, Alberto Vasquez,
Listing Contact: 786-481-0204

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/23/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:36 AM UTC, 10/23/2026