555 NE 127th Street, North Miami, FL 33161 (MLS# A11898183)

555 NE 127th Street, North Miami, FL 33161

$1,175,000

Virtual Tour

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Virtual Tour

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Property Type: Residential Income Square Footage: 2,120 Status: Active

Current Price: $1,175,000 List Date: 10/16/2025 Last Modified: 6/10/2026

Overview

Description

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 Details MLS# A11898183

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 2120
Living Area Main: 2018
Adjusted Area Main: 1872
Year Built: 1948
Parking Total: 2
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information Flooring: Ceramic Tile Property Condition: Resale Structure Type: Multi Family Construction Materials: Block Cooling: Central Air Heating: None Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Barrel Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: 24 Hour Notice

Contract Information

Comp Sale YN: No
Original List Price: 1175000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 555
Street Direction Prefix: NE
Street Name: 127th
Street Suffix: Street
City Name: North Miami
State Or Province: FL
Postal Code: 33161
Postal Code +4: 4724
Postal Zip: 33161
Subdivision Name: GRIFFING BISCAYNE PK EST
Area: 2220
Elementary School: Arch Creek
Middle Or Junior School: North Miami
High School: North Miami
Parcel Number: 0000000000300
Zoning: 0700
Flood Zone: X
Municipal Code: No
Subdivision Number: 0

Financial Information

Tax Annual Amount: 13988
Tax Year: 2024
Tax Legal Description: GRIFFING BISCAYNE PK EST PB 5-104 LOT 32 BLK 2 LOT SIZE 75.000 X 229 OR 21316-4081 04 2003 4

Status Change Information

Major Change Timestamp: 2025-10-16T19:12:01Z
Major Change Type: New Listing
Status Change Date: 2025-10-20

More Information

Price Calculations

Current Price To SqFt: 582.25

Section Details

Parcel Number MLX: 0300

Originating Details

Originating System Key: 422003144
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Documents Available

Other Available Information: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

None: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Barrel: Yes

Cooling

Central Air: Yes

Showing Requirements

24 Hour Notice: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: Douglas Elliman

Last Updated: June - 10 - 2026

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