1231 NE 115th StreetMiami, FL 33161Price: $2,875,000

  • Price: $2,875,000
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,875,000List Price
  • 42,662Lot Size Square Feet
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.

Property Details of 1231 NE 115th Street

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Elena Giuliano of I Home Miami

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on May 26, 2026

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