Single Family Residence

555 NE 127th Street

555 NE 127th Street, North Miami FL 33161

$1,175,000

For Sale

4 Beds · 2 Baths · 2,018 SqFt

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Omar Garban

Overview

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.

Facts & features

Interior

Living area (sq ft)
2,018
Full bathrooms
2
  • First Floor Entry
  • Family Room

Building & exterior

Year built
1948
Lot size (sq ft)
17,175
  • Other
  • None
  • Driveway

HOA (homeowners association)

  • No Restrictions

Taxes

Annual tax
$13,988
Tax year
2024
Parcel number
06-22-30-024-0300

Assigned schools

Middle
North Miami

Listing

MLS number
A11898186
Property type
Single Family Residence
Price per SqFt
$582
Subdivision
GRIFFING BISCAYNE PK EST
On market since
Oct 20, 2025
Days on market
273

Estimated monthly cost

$7,988 per month

Principal & interest (30 yr)
$5,941
Property tax
$1,166
Insurance (estimated)
$881

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Advance Christian Academy Private · PK-12 · 0.13 mi
  • ABI - Anis Blemur Institute & Academy Private · PK-12 · 0.18 mi
  • Amazing Learning Academy Private · PK-KG · 0.22 mi
  • Early Learning Center Private · PK-KG · 0.24 mi
  • Montessori School of North Miami Private · PK-08 · 0.30 mi
  • North Miami Adult Education Public · 0 · 0.41 mi
  • North Miami Senior High Public · 9-12 · 0.41 mi
  • Holy Cross Lutheran School Private · PK-08 · 0.49 mi
  • Yeshiva Elementary Private · KG-05 · 0.57 mi
  • Yeshiva Middle School Private · 06-08 · 0.57 mi
  • ASPIRA Raul Arnaldo Martinez Charter School Charter · 6-8 · 0.58 mi
  • North Miami Middle Public · 6-8 · 0.60 mi
  • Arch Creek Elementary Public · PK-5 · 0.63 mi
  • Cristo Rey Miami High School Private · 09-12 · 0.75 mi
  • Gratigny Elementary Public · PK-5 · 0.82 mi

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