Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
753 121st St photo 1753 121st St photo 2753 121st St photo 3753 121st St photo 4753 121st St photo 5

13 photos

753 121st St

North Miami, FL 33161

$825,000
4
1.5
2,410 sq ft
16,425 sq ft
1925
Single Family Residence
48
Active Under Contract

Listing courtesy of Miami Portfolio Collection (Surelis Yanes). Contact: [email protected].

About this home

PRIME DEVELOPMENT OPPORTUNITY in Griffing Biscayne Park Estates. The value is in the land, designated 3700 Multifamily – 10 to 21 units. This oversized 16,425 SF lot offers a compelling opportunity for an investor or developer in an area experiencing significant redevelopment. Existing home is considered a teardown and is being marketed for its land and development potential. Strategically positioned in North Miami at the edge of Biscayne Park, minutes from Miami Shores and El Portal, this site benefits from the continued investment transforming this desirable Northeast Miami-Dade corridor. An excellent opportunity to secure a sizable development site in a rapidly evolving neighborhood. **Nearby redevelopment includes 550 NE 127th St (MLS A11963878), marketed as a 16-unit development opportunity, and 12116 NE 5th Ave (MLS A11981959), a shovel-ready multifamily project.** **Buyer to perform their own due diligence

What it costs to own
Estimated monthly payment
$5,897/mo
Principal and interest
$4,172
Property tax
$1,208
Homeowners insurance
$517
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$14,495/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone D: ordered to evacuate for Category 3 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.