Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Lot Size: | 0.7 Acres |
Financials
Price:$7,795,000
Annual Taxes:$114,384
Listing Courtesy of Compass Florida, LLC
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 ...
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11968669
Amenities
- Cable - Available
- Electricity Available
- Irrigation Water Onsite
- Natural Gas Available
- Other
- Phone Available
- Sewer Available
- Water Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.