Edgewater Development Site
For Sale
Contact for pricing
Pending
100-120 NE 23rd St, Miami, FL 33137
0.51-acre development site in Miami's Edgewater neighborhood.
Property SizeContact for details
Lot Size0.51 Acres
Days on Market210
Property Features for 100-120 NE 23rd St
General Information
Standard status
Pending
Lot size
0.51 Acres
Property subtype
Land
Zoning
T6-8-O
Listing Agency:
Great Properties International LLC
(305) 458-6101
Listed By:
Fernando Echeverri, CCIM · License #3045300
Source:
Crexi
Added: Feb 1
Changed: Aug 8
Last Checked: Jul 27 at 12:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Great Properties International LLC
Investment Insights
Based on property information with market context.
This 0.51-acre development site is located in Edgewater, a dynamic and rapidly evolving neighborhood of Miami. Zoned T6-8-O, the property allows for residential, commercial, or mixed-use development up to 8 stories. The location offers flexibility for a variety of urban development concepts. Situated within a designated Opportunity Zone, the site provides investors with tax advantages, including the deferral of capital gains taxes and the potential elimination of taxes on new gains if the investment is held for more than 10 years. This structure is compelling for ground-up development projects. The property is strategically located minutes from Downtown Miami, Wynwood, and the Design District, surrounded by business, retail, dining, and entertainment destinations. Edgewater is experiencing strong demand driven by a luxury residential market and sustained neighborhood investment.
Key Highlights
- Opportunity Zone designation provides significant tax advantages (deferral of capital gains and potential elimination of taxes on new gains).
- Zoned T6‑8‑O, allowing for flexible residential, commercial, or mixed‑use development up to 8 stories.
- Located in Edgewater, a rapidly evolving and highly desirable Miami neighborhood.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 33137, FL
25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.51-acre development site in Miami's Edgewater neighborhood.
Where is this commercial land located?
The property is located at 100-120 NE 23rd St Miami, FL.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Opportunity Zone designation provides significant tax advantages (deferral of capital gains and potential elimination of taxes on new gains).; Zoned T6‑8‑O, allowing for flexible residential, commercial, or mixed‑use development up to 8 stories.; Located in Edgewater, a rapidly evolving and highly desirable Miami neighborhood.
