1231 NE 115th St, Miami, FL 33161

Miami
Local realty services provided by:First Service Realty ERA Powered
1231 NE 115th St,Miami, FL 33161
$2,875,000
Virtual Tour
  • 0.98 Acres
  • Lots / Land
  • Active
Listed by: elena giuliano
Office: i home miami305-748-1437
MLS#:A12019688
Source:SEFMLS

Price summary

  • Price:$2,875,000

About this home

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...

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Home facts

  • Subdivision & Development:BAYVIEW ACRES
  • Listing ID #:A12019688
  • Updated:August 26, 2026 at 09:56 AM

Structure and exterior

  • Lot area:0.98 Acres

Finances and disclosures

  • Price:$2,875,000
  • Tax amount:$73,000 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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