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Investment Highlights

  • ±28,261 SF (0.65-acre) development site
  • Up to ±176,656 buildable SF with bonuses
  • Concept plans: 154–253 units
  • T6-8-O zoning (Miami 21)
  • Live Local Act eligible (major density upside)
  • Qualified Opportunity Zone

Executive Summary

Offered for sale at $7,495,000, this ±0.65-acre T6-8-O zoned development site presents a rare opportunity in Miami’s urban core. The property supports multiple development pathways, including by-right and Live Local scenarios. Site is located within a Qualified Opportunity Zone and is enrolled in the Miami-Dade Brownfield program. Conceptual plans available. Buyer to verify all zoning, density, and environmental conditions.

Property Facts

Price $7,495,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Hotel
  • Religious Facility
Total Lot Size 0.65 AC
Year Built 1958
Opportunity Zone Yes
Zoning T6-8-O - Max density: 97 units (by-right), Max height: 8 stories (by-right) - up to 648 units, 36 stories, and over 508,770 BSF with Live Local.

1 Lot Available

Lot

Price $7,495,000
Price Per AC $11,530,769.23
Lot Size 0.65 AC

±28,261 SF (0.65-acre) development site in Edgewater with T6-8-O zoning. Level, cleared site with strong frontage and access. Ideal for high-density mixed-use or multifamily development in Miami’s urban core.

Description

Prime development opportunity in Miami’s urban core. This ±0.65-acre site is zoned T6-8-O, allowing for high-density mixed-use development. By-right supports ±97 units and up to ±141,325 SF, expandable to ±176,656 SF with bonuses. Eligible under the Live Local Act, offering significant density upside with conceptual plans ranging from 154–253 units. Strategically located between Edgewater, Wynwood, Midtown, and the Design District with immediate access to I-95, Downtown, Brickell, and Miami Beach. Situated in a Qualified Opportunity Zone and enrolled in the Miami-Dade Brownfield Program.

Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 01-3125-016-0300
  • 01-3125-016-0270
  • 01-3125-016-0280
Land Assessment
$1,420,000
Improvements Assessment
$1,000
Total Assessment
$6,896,107
  • Listing ID: 40049696

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 100-118 NE 21st St, Miami, FL 33137

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