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90-116 NE 24th St 0.67 Acres of Commercial Land Offered at $10,641,266 CAD in Miami, FL 33137

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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $10,641,266 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hotel
  • Master Planned Community
  • Motel
  • Self Storage
  • Storefront, Retail or Residential
Total Lot Size 0.67 AC
Opportunity Zone Yes
Zoning T6-8 O - General Commercial

1 Lot Available

Lot

Price $10,641,266 CAD
Price Per AC $15,882,486.56 CAD
Lot Size 0.67 AC

Description

Conceptual Live Local scenario supports ±200–210 units with structured parking. OM available upon request. Contact listing team for full zoning analysis and massing study.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-3125-009-0480
  • 01-3125-009-0470
  • 01-3125-009-0500
  • 01-3125-009-0490
Land Assessment
$3,986,209 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,705,619 CAD
  • Listing ID: 39505563

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 90-116 NE 24th St, Miami, FL 33137

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