Property 1231 NE 115th St Miami for sale with MLS# A12019688
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.
1231 NE 115th St, Miami, FL 33161
- Price:
- $2,875,000.00
- Original List Price:
- $2,875,000.00
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- MLS Number:
- A12019688
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 15, 2026 10:15 am
- Lot Area:
- 42,662 Sqft
- Lot Size Dimensions and Info:
- 0x0
- Lot Size Unit:
- Square Feet
- Lot Size Acres:
- 42662
- Waterfront:
- No
- Current Use:
- Other
- Tax Annual Amount:
- $73,000.00
- Tax Year:
- 2025
- Covered Spaces:
- 0
- Utilities Available:
- None, Sewer Not Available
- Water Source:
- Other
- Subdivision Name:
- BAYVIEW ACRES
- Senior Community:
- No
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 32 52 42 .977 AC BAYVIEW ACRES PB 34-88 LOT 11 BLK 3 LOT SIZE 42750 SQUARE FEET COC 24223-3138 02 2006 1
- Real Estate Folio Number (Parcel Number):
- 30-22-32-015-0400
- Zoning Description:
- 5700
- Originally published on:
- May 15, 2026 10:15 am
- Active on the market since:
- May 15, 2026
- Price change occurred on:
- May 15, 2026 10:10 am
- Listing Status Last Changed On:
- May 15, 2026 10:15 am
- Photos updated on:
- May 15, 2026 2:33 pm
- Last Modified:
- May 15, 2026 6:02 pm
- Flood Zone:
- X
- Municipal Code:
- 30
- Subdivision Number:
- 15
- Courtesy of:
- I Home Miami
- Attribution:
- Not provided
- Street Name:
- 115th St
- Street Number:
- 1231
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 52' 56.4''
- Longitude:
- W81° 49' 37.5''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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