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


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.
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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.67 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | T6-8 O - General Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.67 AC |
| Opportunity Zone |
Yes |
| Zoning | T6-8 O - General Commercial |
1 Lot Available
Lot
| Price | $7,795,000 | Lot Size | 0.67 AC |
| Price Per AC | $11,634,328.36 |
| 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
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,920,000 | Total Assessment | $4,179,512 |
Property Taxes
Parcel Numbers
Land Assessment
$2,920,000
Improvements Assessment
$0
Total Assessment
$4,179,512
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