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

Miami, FL, 33161
$ 2,875,000
Baths0.0

Monthly Estimate*

$ 17,702

1231 NE 115th St, Miami, FL 33161 - Image 1
1231 NE 115th St, Miami, FL 33161 - Image 2
1231 NE 115th St, Miami, FL 33161 - Image 3
1231 NE 115th St, Miami, FL 33161 - Image 4
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Studio

Lots and Land for sale in Miami, FL

for $2,875,000. The lot size is 42662.

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.

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Lots and Land Active

Price

$ 2,875,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 73,000

Style

Lot Size

42662

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12019688

Features
General
Sewer None
Utilities None Sewer Not Available
Possession Close Of Escrow
Tax Year 2025
Current Use Other
County Miami-Dade
Property Type Land
Subdivision Name BAYVIEW ACRES
Status Active
City Miami
Zoning Description 5700
MLS Area 22
Lot Size Units Square Feet
Lot Size Square Feet 42662
Tax Annual Amount 73000
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12019688
Standard Status Active
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
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Interior
Total Baths 0
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Exterior
Water Source Other
Lot Size Area 42662
Lot Dimensions 0x0
Lot Size Acres 42662
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
I Home Miami

Broker

elenagiulianomiami@gmail.com

Email

Affordability Calculator

$23,785
Per Month
74%
26%
0%
Monthly Principal & Interest
$17,702
Monthly Property Taxes
$6,083
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$2,875,000 Listed Price

Map


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1231 NE 115th St, Miami, FL, 33161 is a Lots and Land for sale at $2,875,000 with a lot size of 42662. 1231 NE 115th St is a studio with 0.0 baths. The property's zip code is 33161 which is in Miami, FL