118 NW 24th St, Miami FL 33127,Miami,Miami-Dade County,Commercial Land

Property ID: A11794849
Price: $3,950,000
Land Area: 0.17 Square Feet
Property Status: Commercial Land

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.