118 24th St ,Development Site for Sale

118 24th St for Sale

Price $3,950,000.00

• Lot size 7500
• Year Build
• Waterfront
• Zip 33127
• Style
• Parking Description
• Pool Yes
• Status Active

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.

25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4

Other Location, Less Than 1 Acre

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.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.7996653,List Price:3950000,Listing Id:A11794849,Longitude:-80.1974172,Mls Status:Active,Utilities:1:Other,Current Use:1:Unimproved Agr/Recreation/Mobile Home,Postal Code:33127,Street Name:24th St,Coordinates:1:25.7996653,Lot Features:1:Less Than 1 Acre,Photos Count:7,Building Name:Development Site,Days On Market:22,Lot Size Acres:0.17,Lot Size Units:Square Feet,M I A M I R E_ Area:30,M L S Area Major:Development Site,On Market Date:2025-05-01,Parcel Number:01-31-25-037-0420,Property Type:Commercial Land,Street Number:118,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:53,List Office Name:Gridline Properties,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4458,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:Development Site,Tax Annual Amount:55984,Unparsed Address:118 NW 24th St, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:53x138,Lot Size Square Feet:7500,M I A M I R E_ L P Amt Sq Ft:526.6667,Original List Price:3950000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2025-05-01,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Call Listing Agent,Street Number Numeric:118,Tax Legal Description:25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4 COC 26485-4056 07 2008 4,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:This is a rare opportunity to secure a centrally located site with zoning flexibility.,Contract Status Change Date:2025-05-01,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,