$7,795,000
0.67
Acre
Status
Active
Size
0.67 Acres (2,703 m2)
Price
$11,634,328/Acre ($2,883/m2)
Type
Land
MLS Number
A11968669
On Site
65 Days
Updated
64 Days ago
Page Views
0
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 D... Read more
Features
All features
- Property SqFt: 29100
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Days on Market: 1
- Compass Point: NE
- Office Name: Compass Florida, LLC
- Area: 29100
- Taxes: 114384
- Tax Year: 2025
- Listing Date: 2026-02-20T15:29:36.000-00:00
- Lot Size Square Feet: 29100
Apples-to-Apples Comparables
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Price History
02/19/2026
Date
Listed
Event
$7.8M
Price
$268 ft2 / $2,883 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Joshua Kaufman • Compass Florida, LLC • Buyer Agency Compensation .
Listing Location & Street View
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