157–159 NE
24th Street
A vacant half-acre in Edgewater / Wynwood, zoned for 12 to 36 stories.
A clean, vacant half-acre. Ready to underwrite.
Two folios under one owner, fenced and free of improvements, with roughly a full block-face of frontage on NE 24th Street.
- Address
- 157 & 159 NE 24th Street, Miami, FL 33137
- Folios
- 01-3125-009-0320 · 01-3125-009-0310
- Land Area
- 21,075 SF (0.48 acres)
- Parcels
- 157: 14,050 SF · 159: 7,025 SF
- Zoning
- T6-12-O on 14,050 SF · T6-8-O on the west 7,025 SF
- Frontage
- 150 linear ft on NE 24th Street
- Condition
- Vacant, fenced, no improvements
- Opportunity Zone
- Yes, per offering memorandum
Three ways to build, 12 to 36 stories.
Ownership's massing study by Kobi Karp shows the full range: condo or hotel as of right, more height with the public benefit bonus, or a 224-unit rental tower under Live Local.
Density per offering memorandum: 150 du/acre residential, 300 keys/acre lodging. Bonus and Live Local counts are subject to City of Miami confirmation.
Between Edgewater's towers and Wynwood's streets.
Blocks from Biscayne Bay, Midtown and the Wynwood Arts District, on one of the last clean half-acre sites in the corridor. Development capital is active here: an entitled Edgewater rental site at 614 & 720 NE 27th Street traded for $43,100,000 in June 2026.
What are you building?
Pricing, the offering memorandum and the massing study are available to qualified buyers. Reach out to schedule a site walk or an underwriting call.