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Edgewater

90–116 NE 24 St

$9,500,000 · Land

NE 24th Street is a core Edgewater development site positioned at the geographic center of Miami's urban core. The location places a future resident or tenant within five minutes of Wynwood, Midtown, the Design District, and Downtown, and less than ten minutes from Brickell and Miami Beach. Immediate access to I-95 and SR-395 further extends connectivity to Miami International Airport, the beaches, and the broader metro.

The 29,100 SF mixed-use property sits within a fully institutionalized submarket defined by sustained high-rise development, proven Class A rental performance, and new office delivery at 2600 Biscayne. Primary frontage along Biscayne Boulevard has largely been absorbed, leaving limited scaled interior infill opportunities within this immediate pocket.

Zoned T6-8-O under Miami 21, the site supports approximately 100 residential units by right within an 8-story envelope, totaling up to ±145,500 buildable square feet (5.0 FLR) and expandable to ±181,875 square feet (6.25 FLR) through the Public Benefit program.

The property also qualifies under Florida's Live Local Act, where statutory density allowances equate to approximately 668 units. Practical development scenarios support a materially scaled residential program, subject to final design and compliance, embedding meaningful density optionality within existing code.

Located within a federally designated Qualified Opportunity Zone, the opportunity offers scale, flexibility, and tax efficiency in a corridor that has already demonstrated institutional absorption and exit liquidity.

This is an established, vertical, fully activated submarket within one of the most supply-constrained development corridors in the United States.

Land Area29,100 SF
ZoningT6-8-O
By-Right Density± 100 units
Height8 stories + rooftop
FLR5.0 (±145,500 SF) · 6.25 w/ Public Benefit
Live LocalUp to ±668 units · concept 208
Tax / ProgramsOpportunity Zone
Offer Price$9,500,000 ($326 PSF)

Property Flyer

A marketing overview with property details, photography, and contact information.

Listing Agents
Joshua Kaufman

Joshua Kaufman

Principal & Co-Founder
Andres Perez-Cervera

Andres Perez-Cervera

Principal & Co-Founder
Co-Listed With
Levi Meyer

Levi Meyer

Co-Listing Agent · Compass