Multifamily in North Miami, FL 33161555 NE 127th St
OFF MARKET
$1,175,000
Beds
2,018
SqFt$582
$/SqFtMultifamilyProperty Type
1948Year Built
$582/SqFtPrice per sq ft
FourplexStyle
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.
Listing Courtesy Of: Douglas Elliman
Local Realty Services Provided By: Best of Luxury Realty
On Site: 390 DaysUpdated: 31 Days agoPage Views: 0
Features
MLS Number: A11898183
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1948
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-10-20T15:04:42.000-00:00
Taxes, Fees & More
- Taxes: 13988
Apples-to-Apples Comparables
Price History
Current
$1.2M
High
$1.2M
Low
$1.2M
Total Change
0%Date
Event
Price
Change
Price Per
06/09/2026
Price Reduced
$1.2M
0%$582 ft2
$6,267 m2
10/17/2025
Listed
$1.2M
$582 ft2
$6,267 m2
06/09/2026
$1.2M
Event
Price Reduced
Change
0%Price Per
$582 ft2
$6,267 m2
10/17/2025
$1.2M
Event
Listed
Price Per
$582 ft2
$6,267 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Omar Garban • Douglas Elliman • Buyer Agency Compensation .
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