Miami, FL 33137 90-116 NE 24th St
$7,795,000



5 more





Presented By: This listing is courtesy of Compass Florida, LLC
Home Details
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.
Presented By: This listing is courtesy of Compass Florida, LLC
Interior Features for 90-116 NE 24th St
Bathrooms
Total Baths
General for 90-116 NE 24th St
Additional Parcels Description01-3125-009-0500, 01-3125-009-0510
CityMiami
CountyMiami-Dade
Legal Description25-53-41 PARK PLACE PB 2-30 LOT 10 BLK 4 & 10FT ALLEY LYG S & ADJ CLOSED PER ORD # 13492 OR 29778-3598 LOT SIZE 7300 SQ FT M/L OR 19138-0681
Lot Size Square Feet29100
Lot Size UnitsSquare Feet
MLS Area32
PossessionClosingFunding
PostalCityMiami
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeLand
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePARK PLACE
Tax Annual Amount114384
Tax Year2025
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Virtual TourClick here
Zoning Description6100
Exterior for 90-116 NE 24th St
Covered Spaces
Lot Dimensions200x145
Lot FeaturesItem1Acre
Lot Size Acres0.668
Lot Size Area29100
Number of Lots3
Road Frontage TypeCounty Road
Road ResponsibilityPublic Maintained Road
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Paula Bauz
Realtor®
