Edgewater 24

About Edgewater 24

Cushman & Wakefield is pleased to present 157 & 159 NE 24th Street, a ±21,075 SF (0.48-acre) vacant development site in the heart of Miami's Edgewater district. Rarely available at this scale in the neighborhood, the property offers ±150 feet of frontage on NE 24th Street, rear alley access and Urban Core zoning (T6-12-O and T6-8-O) with up to ±190,026 SF of buildable area under public-benefit bonuses and height up to 20 stories in the T6-12-O portion.

Few sites in Miami offer this many ways to build. A buyer can pursue a by-right condominium or hotel, add height and floor area through the Miami 21 Public Benefits Program, or unlock significantly greater density through the City's Resilience Trust Fund or Florida's Live Local Act. Concept plans prepared by Kobi Karp Architecture and Interior Design for a 20-story mixed-use hotel tower give the next owner a meaningful head start on design and programming.

The location does the rest. Wynwood is a short walk west, Midtown and the Design District are minutes north, and Downtown, Brickell and Miami Beach are a quick drive away. Whole Foods Market, Publix, the Adrienne Arsht Center and the bayfront parks are all within about a mile of the site.