90-116 NE 24th St - Commercial LAND FOR SALE


Miami, FL 33137- Edgewater29,185 SF
$7,795,000 USD
305-989-6686
90-116 NE 24th St, Miami, FL for Sale
$7,795,000 USD
Commercial LAND - FOR SALE
1/10
29,185 SF

90-116 NE 24th St
Miami, FL 33137
Edgewater


HIGHLIGHTS

  • Geographic Center of Miami’s Urban Core
  • 29,100 SF Urban Infill Site (0.67 Acres)
  • T6-8-O Zoning – ±100 Units By Right
  • Live Local Eligible – 208-Unit Concept Completed
  • Surrounded by Institutional Capital Deployment
  • Qualified Opportunity Zone

OVERVIEW

90–116 NE 24th Street is a rare opportunity to secure scale, density upside, and tax efficiency in the heart of Edgewater—one of Miami’s most capitalized and supply-constrained residential corridors. Located just one block west of Biscayne Boulevard between Downtown Miami and the Design District, the ±29,100 SF assemblage sits at the geographic center of Miami’s urban core, with immediate proximity to Wynwood, Midtown, Brickell, Miami Beach, and direct access to I-95 and SR-395. Zoned T6-8-O under Miami 21, the site supports approximately 100 residential units by right within an 8-story envelope and up to ±181,875 buildable square feet through the Public Benefit program. With nearly all primary Biscayne Boulevard frontage already absorbed by high-rise development, remaining infill sites of this scale are increasingly rare. The property qualifies under Florida’s Live Local Act, unlocking meaningful density expansion. Ownership has completed a conceptual Live Local podium-and-tower plan for approximately 208 residential units, including ground-floor retail, structured parking, elevated amenities, and efficient residential floor plates—demonstrating a clear, executable development pathway aligned with active Live Local projects already advancing throughout Edgewater. Located within a federally designated Qualified Opportunity Zone, this offering delivers a compelling three-part advantage: prime urban location, Live Local density upside, and QOZ tax benefits—all within a proven, institutional submarket that continues to attract sustained capital deployment and deliver exit liquidity.

FOR SALE DETAILS

PRICE

$7,795,000 USD

PRICE/ACRE

$11,634,328/AC

PRICE/SF

$267 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Hotel, Master Planned Community, Motel, Self-Storage, Storefront Retail/Residential

LAND ACRES

0.67 AC

LAND SF

29,185 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

T6-8 O

APN/PARCEL ID

01-3125-009-0490,01-3125-009-0500,01-3125-009-0510

ASK ABOUT THIS PROPERTY

Joshua KaufmanCompassMore Info
305-989-6686

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Joshua KaufmanCompassMore Info
305-989-6686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.