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Urban Core Development Site

157 & 159 NE 24th Street, Miami, FL 33137

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Vacant land with dual Urban Core zoning, street frontage and rear alley access.

Property SizeContact for details
Days on Market3

Property Features for 157 & 159 NE 24th Street

General Information

Standard status Active
Property subtype Mixed Use, Land, Multifamily

Site & Location

Neighborhood Edgewater
Listing Agency: Cushman & Wakefield - Miami, Florida
Listed By: Virgilio Fernandez · License FL SL3397219
Source: Crexi
Added: Nov 8 Changed: Nov 10 Last Checked: Nov 10 at 8:15AM

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 Cushman & Wakefield - Miami, Florida

Rey
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Investment Insights

Based on property information with market context.

This 0.48-acre vacant development parcel spans 157 and 159 NE 24th Street. It has approximately 21,075 square feet of land area, about 150 feet of frontage, and rear alley access. The site carries T6-12-O and T6-8-O zoning, with up to 190,026 square feet of buildable area available through public-benefit bonuses. The T6-12-O portion allows height up to 20 stories. Concept plans by Kobi Karp Architecture and Interior Design outline a 20-story mixed-use hotel tower; condominium or hotel development is also identified as a by-right path, with additional density programs described in the property information.

The property is in Miami’s Edgewater district. Wynwood is west of the site, while Midtown and the Design District are to the north. Downtown, Brickell and Miami Beach are described as a short drive away. Whole Foods Market, Publix, the Adrienne Arsht Center and bayfront parks are each within about a mile.

Key Highlights

  • 0.48‑acre site with approximately 21,075 SF of land area
  • About 150 feet of frontage on NE 24th Street and rear alley access
  • T6‑12‑O and T6‑8‑O zoning; up to 190,026 SF buildable area with public‑benefit bonuses

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Buffet Mobile Phone Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,248
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Miami

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land with dual Urban Core zoning, street frontage and rear alley access.
Where is this commercial land located?
The property is located at 157 & 159 NE 24th Street Miami, FL.
What are key features of this property?
This property features: 0.48‑acre site with approximately 21,075 SF of land area; About 150 feet of frontage on NE 24th Street and rear alley access; T6‑12‑O and T6‑8‑O zoning; up to 190,026 SF buildable area with public‑benefit bonuses
(305) 613-4507 Call to check price and availability
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