Exceptional development opportunity in the heart of North Miami’s P3 redevelopment zone. Conditional change of use to allow a 3-story boutique residential building has been approved. Plans envision up to 12 units with 25 parking spaces, perfectly aligned with the city’s master redevelopment vision. Just steps from NE 125th St and the future transit corridor, this site is ideally positioned in one of Miami’s fastest-growing areas.
Located just steps from NE 125th Street and the future Northeast Corridor rapid transit line, the site is surrounded by major public and private investment, new multifamily projects, and significant infrastructure upgrades.
Located just steps from NE 125th Street and the future Northeast Corridor rapid transit line, the site is surrounded by major public and private investment, new multifamily projects, and significant infrastructure upgrades.
Property Details
Price:
$1,175,000
MLS #:
A11898183
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
GRIFFING BISCAYNE PK EST
Neighborhood:
griffingbiscaynepkest
Listed Date:
Oct 16, 2025
Finished Sq Ft:
2,018
Total Sq Ft:
2,120
Year Built:
1948
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor
Heating
None
Exterior
Architectural Style
Attached
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Barrel Roof
Financial
Tax Year
2024
Taxes
$13,988
Map
Community
- Address555 NE 127th St North Miami FL
- SubdivisionGRIFFING BISCAYNE PK EST
- CityNorth Miami
- CountyMiami-Dade County
- Zip Code33161
Market Summary
Current real estate data for Multi Family in North Miami as of Jan 17, 2026
13
Multi Family Listed
134
Avg DOM
355
Avg $ / SqFt
$1,031,554
Avg List Price
Property Summary
- Located in the GRIFFING BISCAYNE PK EST subdivision, 555 NE 127th St North Miami FL is a Multi Family for sale in North Miami, FL, 33161. It is listed for $1,175,000
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555 NE 127th St
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