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

1224 NW 59
Miami, FL, 33142
$535,000
Beds
0 Baths
0 SqFt
0.12 Acres
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MLS #A12017553 image #0
Exceptional development opportunity in a prime and highly centralized location near public transit, I-95, Midtown, the Health District, Downtown/Brickell, Miami Beach and Miami International Airport.

Excellent opportunity in a T4-L zoned area with APPROVED plans and a recorded covenant in place for an 8-unit multifamily project under the Live Local program. This is not a hypothetical. The project has successfully obtained parking reductions and increased unit density, with all supporting records available. The proposed development features a well-designed unit mix within a thoughtfully planned three-story building, including ground-floor parking and a ground-level ADA-compliant unit.

Situated on a 5,300 SF lot, the project was carefully designed to comply with zoning requirements necessary for approvals. Additionally, the property benefits from proximity to sufficient water and sewer infrastructure, eliminating the need for costly water main extensions.

An ideal opportunity for a developer looking to move directly into the next stages of permitting and construction with significant entitlement work already completed.

Property Details

Price:
$535,000
MLS #:
A12017553
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial
Subdivision:
ORCHARD VILLA EXTENSION
Neighborhood:
orchardvillaextension
Listed Date:
May 4, 2026
Lot Size:
5,300 sqft / 0.12 acres (approx)
Orchard Villa ExtensionOrchardvillaextensionOrchard Villa ExtensionOther Usage,other Style

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Schools

Interior

Exterior

Lot Features
City Location, Less Than 1 Acre

Financial

Tax Year
2025
Taxes
$3,560

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Jun 03, 2026
3,619
Single Family Listed
132
Avg DOM
584
Avg $ / SqFt
$1,706,709
Avg List Price

Property Summary

    Located in the ORCHARD VILLA EXTENSION subdivision, 1224 NW 59 Miami FL is a Single Family for sale in Miami, FL, 33142. It is listed for $535,000 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 $584. The average listing price for Single Family in Miami is $1,706,709. To schedule a showing of MLS#a12017553 at 1224 NW 59 in Miami, FL, contact your Julien Drieu agent at 7862380927.

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