GRIFFING BISC PK EST

550 NE 127th St, North Miami FL 33161

For Sale · Active Listing

$1,999,000

Est. Payment $10,640/mo

MLS Sheet

0

Days on Market

Description

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.

Facts

MLS#
A11963878
Subdivision
GRIFFING BISC PK EST
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
718,740,000 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
Listed
Feb 12, 2026
Last Updated
Feb 12, 2026
Price/Lot Sq.Ft.

Market insights for North Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/12/2026Listed for sale$1,999,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

550 NE 127th St, North Miami FL 33161Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$12,455/mo

Principal & Interest

$10,640

Property Tax

$1,666

Insurance

$150

HOA

$0

20% ($399,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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