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.
Listed by Omar Garban
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License #3046524
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Douglas Elliman
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305-467-7556
Last updated October 20, 2025
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Source: MIAMIRE #A11898186
Listing Facts
TypeSingle-family
NeighborhoodCentral North Miami
Bedrooms4
Bathrooms2
Days on Prevu3
Taxes$13,988/year
Size2,018 sqft
Price per sqft$582
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
10/20/2025
Listed by Douglas Elliman
$1,175,000
Property Details for 555 NE 127th Street
Association
Amenities
Community Features: Other
Exterior
Construction
Roof: Barrel Roof
Structure Type: R30-No Pool/No Water, House
Year Built: 1948
Year Built Details: Resale
Architectural Style: Attached, One Story
Building Name: GRIFFING BISCAYNE PK EST
Construction Materials: Concrete Block Construction
Features
Direction Faces: South
Fencing: Fenced
View: Other
Measurements
Building Area Total: 2,120
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Square Feet: 17,175
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 06-22-30-024-0300
Tax Annual Amount: $13,988.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor
Interior Features: First Floor Entry, Family Room
Measurements
Living Area: 2,018
Living Area Units: Square Feet
Rooms
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Other
Location
Subdivision Name: GRIFFING BISCAYNE PK EST
Parking
Parking
Open Parking: Yes
Parking Features: Driveway
Schools
Middle or Junior School
Middle Or Junior School: North Miami
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Laundry Features: Washer/Dryer Hook-Up
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.