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.
Gridline Properties
Features & Details
Learn about the features and details of 118 NW 24th St
Property Details
Property Type
Vacant Land
Living Area
-
Year Built
Year Built
Lot Size
7,500 sqft
Stories
-
Annual Tax
$55,984.00
List Date
5/1/2025
Updated
6/9/2025
Last Checked
Recent
MLS Number
#A11794849
Brokerage
Gridline Properties
Postal Code
33127
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Available
List Price
$3,950,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2025
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
Price history
Learn about the price history of 118 NW 24th St
Virtual Tour
Take a 3D tour of this property
Login to view 3D Virtual Tour
Real estate trends
View trends of price in 118 NW 24th St, Miami-Dade over the last 12 months
Explore Miami-Dade
Learn about the area around 118 NW 24th St
Mortgage Calculator
Estimate monthly payments for 118 24th St
20.5%100%
30 Years
Estimated Monthly Payment
$15,911
Cash Flow Analysis
Mortgage Payment:
$15,911
Monthly Payment:
$20,576.33
Break Even Down Payment:
100%
Cash Flow
$0
Similar listings
Shop homes for sale similar to 118 NW 24th St, Miami-Dade
Discover this beautiful vacant land in the heart of Miami. Offered at $3,950,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 118 NW 24th St
How many bedrooms and bathrooms does this home have?
What are annual taxes for 118 NW 24th St?
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.