$3,950,000
For Sale

118 NW 24th St

Miami, FL 33127
Browse 6 photos
Type:Purchase
Structure:Land
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionOther Location, Less Than 1 Acre
      • Utility FeaturesOther Utilities Available, Other
      • CountyMiami-Dade County
      • SubdivisionDevelopment Site
      • Property SubtypeCommercial Land
      • MLS #A11794849
      • MLS #A11794849
      • Property TypePurchase
      • Cost3950000
      • Sewer InformationOther
      • Utility SourceOther
      • Acres0.17

Location

Obdulio "Pete" Mateo | EXP RealtyTeam MBO
OR

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Interest Rate

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6.0%

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2.6%
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