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Land in North Miami, FL 33161Griffing Biscayne Park Estates, 550 NE 127th St
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$1,999,000
Beds
0.38
Acre$5,260,526
$/AcrePremium Land
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.
MLS Number: A11963878
On Site: 218 Days
Updated: 107 Days ago
Page Views: 0
Features
All features
- Property SqFt: 16500
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Directions: Northeast
- Days on Market: 111
- Compass Point: NE
- Office Name: Keller Williams Realty SW
- Area: 16500
- Taxes: 12359
- Tax Year: 2025
- Listing Date: 2026-02-12T14:33:37.000-00:00
- Lot Size Square Feet: 16500
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
02/11/2026
Listed
$2M
$121 ft2
$1,304 m2
02/11/2026
$2M
Event
Listed
Price Per
$121 ft2
$1,304 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alberto Vasquez • Keller Williams Realty SW • Buyer Agency Compensation .
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Scores
75
100
45
100
51
100
76
100
0
100
32
100
2
100
Community Snapshot
2 – 6 BR
Bedrooms
$479K – $2.1M
Price Tier
832 - 7,259
SqFt Range
1951
Year Build
1
Total Floors
418
Total Units
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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