118 NW 24th St

0.17
Acre
Status
OFF MARKETExpired
Size
0.17 Acres (697 m2)
Price
$23,235,294/Acre ($5,669/m2)
Type
Land
MLS Number
A11794849
On Site
501 Days
Updated
452 Days ago
Page Views
0
Situated in the heart of Wynwood, 118 NW 24th Street presents a premier development opportunity in one of Miami’s most sought-after urban districts. This T5-O zoned parcel, which currently houses eight residential units, is primed for a transformative development, allowing a versatile range of uses including residential, retail, hospitality, and office. The site is positioned within the Wynwood NRD-1 overlay, offering favorable zoning and height bonuses to support a mid-rise project, ideally suited for a high-end boutique building. This is a rare opportunity to secure a centrally located site with zoning flexibility and a proven path to development success in one of Miami’s fastest-growing submarkets.

Features

All features
  • Current Use: Other
  • Property SqFt: 7500
  • Remarks: Situated in the heart of Wynwood, 118 NW 24th Street presents a premier development opportunity in one of Miami’s most sought-after urban districts. This T5-O zoned parcel, which currently houses eight residential units, is primed for a transformative development, allowing a versatile range of uses including residential, retail, hospitality, and office. The site is positioned within the Wynwood NRD-1 overlay, offering favorable zoning and height bonuses to support a mid-rise project, ideally suited for a high-end boutique building. This is a rare opportunity to secure a centrally located site with zoning flexibility and a proven path to development success in one of Miami’s fastest-growing submarkets.
  • Internet Remarks: Situated in the heart of Wynwood, 118 NW 24th Street presents a premier development opportunity in one of Miami’s most sought-after urban districts. This T5-O zoned parcel, which currently houses eight residential units, is primed for a transformative development, allowing a versatile range of uses including residential, retail, hospitality, and office. The site is positioned within the Wynwood NRD-1 overlay, offering favorable zoning and height bonuses to support a mid-rise project, ideally suited for a high-end boutique building. This is a rare opportunity to secure a centrally located site with zoning flexibility and a proven path to development success in one of Miami’s fastest-growing submarkets.
  • Waterfront: No info
  • Days on Market: 49
  • Compass Point: NW
  • Office Name: Gridline Properties
  • Area: 7500
  • Taxes: 55984
  • Tax Year: 2025
  • Listing Date: 2025-05-01T16:58:23.000-00:00
  • Lot Size Square Feet: 7500

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Price History

Date
Event
Price
Change
Price Per
05/01/2025
Listed
$4M
 
$527 ft2
$5,669 m2
05/01/2025
$4M
Event
Listed
Price Per
$527 ft2
$5,669 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Alfredo RiascosGridline Properties • Buyer Agency Compensation .

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