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.
Property Details
Property Type
Residential
Status
Active
MLS #
A11963878
Lot Size
16,500 SF
Zoning
0700
Days on Market
114
Price
$1,999,000
550 NE 127th St, North Miami FL 33161 — Parvani Commercial Group