Infill Development Site with Fifty-Foot
New
For Sale
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74 Northwest 24th Street, Miami, FL 33125
Cleared Wynwood infill parcel zoned T5-O with a Wynwood NRD-1 overlay for up to eight stories with bonuses.
Days on Market6
Property Features for 74 Northwest 24th Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
DWNTWN Realty Advisors
(305) 909-7343
Listed By:
Devlin Marinoff · License #3401802
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 3:14PM
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 DWNTWN Realty Advisors
Investment Insights
Based on property information with market context.
DWNTWN Realty Advisors presents a micro lot infill development site in Miami’s Wynwood Arts District: a cleared, rectangular 50-foot by 65-foot parcel totaling 0.0746 acre at 74 NW 24th Street. The property has 50 feet of frontage on NW 24th Street and sits directly adjacent to Jungle Plaza, sharing a trash and grease trap easement with the adjacent property.
Zoning is central to the development approach. The site is under T5-O with the Wynwood NRD-1 overlay, providing entitlements that allow five stories by right and up to eight stories with bonuses. The residential density is 150 dwelling units per acre, which equates to 11 units on this parcel. The site includes a 5-foot front setback with zero side and rear setbacks, and there is no on-site parking requirement for structures under 20,000 SF of floor area.
A completed massing study reflects an 8-story concept totaling 21,808 gross SF (17,997 SF municipal GSF) with 14,875 leasable SF. The program includes 12,754 SF of office across seven floors, plus 616 SF of ground-floor commercial space, with private terraces on every office level. The concept also includes 21% open space versus a 10% minimum and an 85'-6" height to keep the project below high-rise classification.
Zoning is central to the development approach. The site is under T5-O with the Wynwood NRD-1 overlay, providing entitlements that allow five stories by right and up to eight stories with bonuses. The residential density is 150 dwelling units per acre, which equates to 11 units on this parcel. The site includes a 5-foot front setback with zero side and rear setbacks, and there is no on-site parking requirement for structures under 20,000 SF of floor area.
A completed massing study reflects an 8-story concept totaling 21,808 gross SF (17,997 SF municipal GSF) with 14,875 leasable SF. The program includes 12,754 SF of office across seven floors, plus 616 SF of ground-floor commercial space, with private terraces on every office level. The concept also includes 21% open space versus a 10% minimum and an 85'-6" height to keep the project below high-rise classification.
Key Highlights
- 0.0746‑acre cleared, rectangular 50‑foot by 65‑foot infill site
- 50 feet of frontage on NW 24th Street adjacent to Jungle Plaza
- Zoned T5‑O with Wynwood NRD‑1 overlay: five stories by right, up to eight with bonuses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Cleared Wynwood infill parcel zoned T5-O with a Wynwood NRD-1 overlay for up to eight stories with bonuses.
Where is this commercial land located?
The property is located at 74 Northwest 24th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,930,000.
What are key features of this property?
This property features: 0.0746‑acre cleared, rectangular 50‑foot by 65‑foot infill site; 50 feet of frontage on NW 24th Street adjacent to Jungle Plaza; Zoned T5‑O with Wynwood NRD‑1 overlay: five stories by right, up to eight with bonuses