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.

This listing is courtesy of Joshua Kaufman at Compass Florida, LLC em:joshua@compass.com ph:305-989-6686.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131250090490 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1250-009-0490 (0131250090490)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 116 NE 24 St
City: Miami
State: Florida
Zip Code: 33137-4831 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 0
Actual Square Feet: 0
Adjusted Square Feet: 0
  -
Lot Size - English*
Lot Size (sf): 7,300
Lot Size (acres): 0.17
  -
Building Size - Metric*
Living Square Meters: 0.00
Actual Square Meters: 0.00
Adjusted Sq M: 0.00
  -
Lot Size - Metric*
Lot Size (sq m): 678
Lot Size (ha): 0.07
  -
Zoning & Land Use*
Land Use: 1081 - Vacant Land - Commercial : Vacant Land
Zoning: 6100 - Commercial - Neighborhood
Municipal Zoning: T6-8 O (Miami)
All Listed | All Properties
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Prior Sale*
Type: Qual on DOS, multi-parcel sale
Qual: Q
Date: 10/05/2021
Amount: $7,200,000
  -
Prior Sale #2* (Second to Last)
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 01/26/2021
Amount: $100
  -
Prior Sale #3* (3rd to Last)
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 09/01/2004
Amount: $150,000
  -
Taxable Values*
Tax Year: 2024
Land: $1,460,000
Building: $0
Total: $1,460,000
Assessed: $1,460,000
County Taxable: $1,460,000
City Taxable: $1,460,000
Mill Code: 0100
  -
Ownership*
Owner 1: Edgewater 24 Apartments Lp
Mailing Address: 909 3 Ave 21 Fl
Mailing City: New York
Mailing State: Ny
Mailing Zip: 10022
Mailing Country: USA
  -
Building Information*
Stories: 0
Year Built: 0
Effective Year Built: 0
  -
Legal Description*
Legal Description Concatenated: 25-53-41 PARK PLACE PB 2-30 LOT 10 BLK 4 & 10FT ALLEY LYG S & ADJ CLOSED PER ORD # 13492 OR 29778-3598

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.