90-116 NE 24th Street Miami, FL 33137

$7,795,000
0.67
Acres
$7,795,000
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90–116 NE 24th Street presents 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 one block west of Biscayne Boulevard between Downtown Miami and the Design District, the ±29,100 SF assemblage sits at the center of Miami’s urban core with immediate access to Wynwood, Midtown, Brickell, Miami Beach, 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 most Biscayne Boulevard frontage already developed with high-rise product, infill sites of this scale are increasingly limited.The property also qualifies under Florida’s Live Local Act, offering meaningful density expansion. Ownership has completed a conceptual Live Local podium-and-tower plan for approximately 208 residential units with ground-floor retail, structured parking, and elevated amenities—illustrating a clear development pathway consistent with active Live Local projects in Edgewater.Situated within a federally designated Qualified Opportunity Zone, the offering combines prime location, density upside, and potential OZ tax advantages within a proven institutional submarket attracting sustained capital investment and liquidity.

90–116 NE 24th Street presents 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 one block west of Biscayne Boulevard between Downtown Miami and the Design District, the ±29,100 SF assemblage sits at the center of Miami’s urban core with immediate access to Wynwood, Midtown, Brickell, Miami Beach, 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 most Biscayne Boulevard frontage already developed with high-rise product, infill sites of this scale are increasingly limited.The property also qualifies under Florida’s Live Local Act, offering meaningful density expansion. Ownership has completed a conceptual Live Local podium-and-tower plan for approximately 208 residential units with ground-floor retail, structured parking, and elevated amenities—illustrating a clear development pathway consistent with active Live Local projects in Edgewater.Situated within a federally designated Qualified Opportunity Zone, the offering combines prime location, density upside, and potential OZ tax advantages within a proven institutional submarket attracting sustained capital investment and liquidity.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Park Place
  • Tax Amount
    $114,384
  • Status
    Active
  • Listing #
    A11968669
  • Lot Size
    0.67
  • Listed on site
    104 days
  • Co-Listing Agent
    3258453
  • Listing Agent Id
    3291155
  • Co Listing Agent Id
    3258453
  • Listing Agent Phone
    305-989-6686

Listed by:
Compass Florida, LLC

Source:
MIAMI MLS

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  • No HOA
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