41 photos
555 NE 127th St
North Miami, FL 33161
Listing courtesy of Douglas Elliman (Omar Garban). Contact: [email protected].
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.
- Principal and interest
- $5,941
- Property tax
- $1,747
- Homeowners insurance
- $733
- 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.
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.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
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.
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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.