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$ 7,795,000
Est. payment /mo
Active
90-116 NE 24th St Miami, FL 33137
0.67 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Park Place
MLS Listing ID A11968669
HOA Y/N No
Annual Tax Amount $114,384
Tax Year 2025
Lot Size 0.668 Acres
Acres 0.668
Lot Dimensions 200x145
Property Sub-Type Mixed Use
Property Description
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.
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.
Location
State FL
County Miami-dade
Community Park Place
Area 32
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Private Pool Yes
Building
Lot Description Item1Acre
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-25-009-0490
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11968669
Listed by Compass Florida, LLC
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