Coconut Grove New Developments 2026: The Complete Guide to Every New Luxury Project

1231 NE 115th St
Miami, FL, 33161
$2,875,000
Beds
0 Baths
0 SqFt
42662 Acres
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MLS #A12019688 image #0
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

Price:
$2,875,000
MLS #:
A12019688
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
BAYVIEW ACRES
Neighborhood:
bayviewacres
Listed Date:
May 15, 2026
Lot Size:
42,662 sqft / 42,662.00 acres (approx)
Bayview AcresBayviewacresBayview AcresOther Usage,unimproved Agr/recreation/mobile Home

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Schools

Interior

Exterior

Lot Features
City Location, 1-2.5 Acres

Financial

Tax Year
2025
Taxes
$73,000

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Jun 14, 2026
3,511
Single Family Listed
140
Avg DOM
585
Avg $ / SqFt
$1,702,585
Avg List Price

Property Summary

    Located in the BAYVIEW ACRES subdivision, 1231 NE 115th St Miami FL is a Single Family for sale in Miami, FL, 33161. It is listed for $2,875,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $585. The average listing price for Single Family in Miami is $1,702,585. To schedule a showing of MLS#a12019688 at 1231 NE 115th St in Miami, FL, contact your Julien Drieu agent at 7862380927.

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