Unimproved Land in 1231 NE 115th Street, Miami, FL 33161 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 HighlightsZoning approved for approximately 75 residential unitsLocated in a rapidly evolving Miami growth corridorStrong long-term appreciation potentialIdeal for multifamily, mixed-use, or boutique luxury developmentMultiple additional land assemblage opportunities available nearbyExcellent opportunity to establish an early presence before major price escalationThe 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 Street, Miami, FL 33161
- Price:
- $2,875,000.00
- Original List Price:
- $2,875,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $67.39
- Gross Scheduled Income:
- 0
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 15, 2026 4:00 am
- Other Special Conditions:
- City Jurisdiction
- Lot Area:
- 42,662 Sqft
- Lot Size Dimensions and Info:
- 42662
- Lot Size Acres:
- 42662
- Waterfront:
- No
- Current Use:
- Other
- Road Frontage Type:
- Easement
- Flood Zone Code:
- X
- Tax Annual Amount:
- $73,000.00
- Tax Year:
- 2025
- 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):
- 3022320150400
- Zoning:
- 5700
- Elementary School:
- Joella C. Good
- High School:
- North Miami
- Middle Or Junior School:
- North Miami
- Active on the market since:
- May 15, 2026
- Listing Agreement executed on:
- May 15, 2026
- Listing Status Last Changed On:
- May 15, 2026 4:00 am
- Photos updated on:
- May 15, 2026 6:06 pm
- Last Modified:
- May 28, 2026 2:06 pm
- Courtesy of:
- I Home Miami
- Attribution:
- Not provided
- Street Name:
- 115th
- Street Number:
- 1231
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33161
- County:
- Miami-Dade
- Latitude:
- N25° 52' 56.1''
- Longitude:
- W81° 49' 37.6''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

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