90-116 NE 24th St, Miami, FL 33137

 
MLS #: A11968669
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Price: $7,795,000 MLS Number: A11968669  Commercial / Investment
 Address: 90-116 NE 24th St, Miami, Florida 33137 USA
 Lot Square Feet: 29,100
 
 Acres: 0.668
 
 Lot Dimensions: 29100
 
 Community: PARK PLACE
 Subdivision: PARK PLACE
 
 
 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.
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