Miami, FL 33161 1231 NE 115th St
$2,875,000


Presented By: This listing is courtesy of I Home Miami
Home Details
An exceptional development opportunity is now available in one of Miami’s fastest-growing emerging neighborhoods — positioned to become the next major urban destination and future “Design District” style corridor.
The property has already undergone a zoning change allowing for the development of approximately 75 residential units, significantly reducing entitlement risk and accelerating the development timeline for the right buyer.
This is a strategic opportunity for developers seeking to secure land in an area experiencing rapid transformation, strong population growth, infrastructure expansion, and increasing investor activity.
Investment Highlights
Zoning approved for approximately 75 residential units
Located in a rapidly evolving Miami growth corridor
Strong long-term appreciation potential
Ideal for multifamily, mixed-use, or boutique luxury development
Multiple additional land assemblage opportunities available nearby
Excellent opportunity to establish an early presence before major price escalation
The surrounding area is attracting significant redevelopment interest and is widely considered one of the next high-growth urban pockets in Miami.
For qualified developers and investors seeking additional scale, more land opportunities are also available in the same area.
Please contact the listing agent directly for additional information, zoning details, pricing, and off-market assemblage opportunities.
Presented By: This listing is courtesy of I Home Miami
Interior Features for 1231 NE 115th St
Bathrooms
Total Baths
General for 1231 NE 115th St
CityMiami
CountyMiami-Dade
Current UseOther
Legal Description32 52 42 .977 AC BAYVIEW ACRES PB 34-88 LOT 11 BLK 3 LOT SIZE 42750 SQUARE FEET COC 24223-3138 02 2006 1
Lot Size Square Feet42662
Lot Size UnitsSquare Feet
MLS Area22
PossessionClose Of Escrow
PostalCityMiami
Property TypeLand
SewerNone
Standard StatusActive
StatusActive
Subdivision NameBAYVIEW ACRES
Tax Annual Amount73000
Tax Year2025
UtilitiesNone, Sewer Not Available
Virtual TourClick here
Zoning Description5700
Exterior for 1231 NE 115th St
Covered Spaces
Lot Dimensions0x0
Lot Size Acres42662
Lot Size Area42662
Water SourceOther
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Diane Marquez
Realtor®
