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    Edgewater Development Site Opportunity Zone Title is generated by Realmo AI

    112 NE 23rd St, Miami, FL

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    Three-lot development site in Edgewater near Wynwood and Design District.

    Type:LAND
    Property size:
    22,140 SF
    Lot size:
    0.52 Acres
    Price / SF:
    $248/SF
    Added:
    Apr 21, 2025
    Days on Market:
    415
    Last Refresh:
    May 20 at 9:13 pm

    Property Features for 112 NE 23rd St

    General Information

    Standard status
    Active
    Size
    22,140 SF
    Lot size
    0.52 Acres
    Property subtype
    LAND

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    Listing Contact
    Fabio Faerman
    Fabio Faerman

    Listing agent Fabio Faerman License #BK3045634

    Listing office FA Commercial

    Listing date Apr 21, 2025

    Source Moodyscre

    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 FA Commercial

    HighLights

    • Prime Edgewater District location, near Wynwood and the Design District.
    • Opportunity Zone location offering financial incentives.
    • T6‑8‑O Zoning allows for significant development: 76 apartment units or 152 hotel keys, up to 8 stories.
    • Three adjacent lots with dimensions of 160'w x 135'l.
    • Current gross income of $63,600 from existing rentals.
    • Includes three folios: 01‑3125‑011‑0300, 01‑3125‑011‑0290, 01‑3125‑011‑0280.

    Overview

    This offering features a three-lot site suitable for development in the Edgewater District, situated near the Wynwood and Design District areas. The property is located in an opportunity zone, which offers financial incentives. The site consists of three adjacent folios with dimensions of 160 feet wide by 135 feet long. T6-8-O Zoning allows for the development of up to 76 apartment units or 152 hotel keys, with a maximum height of 8 stories. The property generates a total gross income of $63,600, derived from monthly rents of $2200 at 100 NE 23 St, $1000 at 112 NE 23 St, and $2100 at 120 NE 23 St. Yearly taxes amount to $43,808.94. The property's folios are 01-3125-011-0300, 01-3125-011-0290, and 01-3125-011-0280. The property has a size of 22140 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    JEWSY JERK Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1927
    Latitude
    25.7987

    FAQs

    What type of property is this?
    Land - Three-lot development site in Edgewater near Wynwood and Design District.
    Where is this land located?
    The property is located at 112 NE 23rd St Miami, FL.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Prime Edgewater District location, near Wynwood and the Design District.; Opportunity Zone location offering financial incentives.; T6‑8‑O Zoning allows for significant development: **76 apartment units or 152 hotel keys, up to 8 stories.**
    (786) 262-9966 Call to check price and availability
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