$2,875,000
 $15,434 est/mo Sourced by Back At You

1231 NE 115th St,Miami, FL 33161

Miami, FL 33161

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Description

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.

Details

MLS #A12019688
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site114
Listing Provided ByI Home Miami | Elena Giuliano

Features

Zoning5700
Acreage42662.00

Taxes

Tax Annual Amount73000

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33161
Area22
Community NameBAYVIEW ACRES
Listing VS Median (in BAYVIEW ACRES)
Price:
$2,875,000
low | high
Med:
$3,650
100% of Average
On site:
114
low | high
Med:
10
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33161
Area22
Community NameBAYVIEW ACRES
Listing VS Median (in BAYVIEW ACRES)
Price:
$2,875,000
low | high
Med:
$3,650
100% of Average
On site:
114
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.156M - $3.593M
sqft: 0 - 0
Listing Updated: August 9, 2026 at 12:08:31 PM PDT
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