753 NE 121st St
North Miami, FL 33161
$825,000
$342/ft²
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
Property details
Listing
- MLS #
- A12066941
- Status
- For sale
- Listed on
- Aug 6, 2026
- Days on market
- 4 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 4
- Baths
- 1.5
- Living area
- 2,410 ft²
- Price per ft²
- $342/ft²
Building & community
- Type
- Single-family home
- Year built
- 1925
- County
- Miami-Dade
Lot & exterior
- Lot size
- 16,425 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $4,172
- Property taxes (est.)
- $757
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$5,529*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$4,172/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Miami Portfolio Collection.
Surelis Yanes · 786-423-4990 · surelisyanes@gmail.com · 305-570-4305
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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