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$3,950,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Development Site
MLS Listing ID A11794849
HOA Y/N No
Annual Tax Amount $55,984
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 53x138
Property Description
Situated in the heart of Wynwood, 118 NW 24th Street presents a premier development opportunity in one of Miami's most sought-after urban districts. This T5-O zoned parcel, which currently houses eight residential units, is primed for a transformative development, allowing a versatile range of uses including residential, retail, hospitality, and office. The site is positioned within the Wynwood NRD-1 overlay, offering favorable zoning and height bonuses to support a mid-rise project, ideally suited for a high-end boutique building. This is a rare opportunity to secure a centrally located site with zoning flexibility and a proven path to development success in one of Miami's fastest-growing submarkets.
Location
State FL
County Miami-dade
Community Development Site
Area 30
Exterior
Utilities Available Other
Present Use Other
Street Surface Other
Private Pool Yes
Building
Lot Description <1 Acre
Sewer Other
Water Other
Others
Tax ID 01-31-25-037-0420
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11794849
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Listed by Gridline Properties
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Dennis Cordero, PA
Real Estate Advisor | License ID: 3074725
Real Estate Advisor License ID: 3074725