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90-116 NE 24th St
Miami, FL 33137
Land For Sale · 0.67 AC

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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

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 $7,795,000
Price Per AC $11,634,328.36
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.

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
$2,920,000
Improvements Assessment
$0
Total Assessment
$4,179,512
  • Listing ID: 39505563

  • Date on Market: 2/20/2026

  • Last Updated:

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

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