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.

This listing is courtesy of Alfredo Riascos at Gridline Properties em:info@gridlineproperties.com ph:786-325-5647.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0131250370420 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1250-037-0420 (0131250370420)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 118 NW 24 St
City: Miami
State: Florida
Zip Code: 33127-4458 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 2,983
Actual Square Feet: 2,983
Adjusted Square Feet: 2,620
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Lot Size - English*
Lot Size (sf): 7,500
Lot Size (acres): 0.17
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Building Size - Metric*
Living Square Meters: 277.13
Actual Square Meters: 277.13
Adjusted Sq M: 243.41
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Lot Size - Metric*
Lot Size (sq m): 697
Lot Size (ha): 0.07
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Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6101 - Cen-pedestrian Orientatio
Municipal Zoning: T5 O (Miami)
All Listed | All Properties
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Prior Sale*
Type: Corrective, tax or QCD; min consideration
Qual: U
Date: 01/22/2014
Amount: $100
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Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 08/31/2011
Amount: $185,000
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Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 07/01/2008
Amount: $0
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Taxable Values*
Tax Year: 2024
Land: $3,375,000
Building: $1,000
Total: $3,376,000
Assessed: $2,508,761
County Taxable: $2,508,761
City Taxable: $2,508,761
Mill Code: 0100
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Ownership*
Owner 1: Diversible Investments Llc
Mailing Address: 3408 W 84th St Ste 216
Mailing City: Hialeah
Mailing State: Fl
Mailing Zip: 33018-4942
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Building Information*
Stories: 1
Units: 8
Year Built: 1927
Effective Year Built: 1927
Extra Features 1: Wood Fence
Extra Features 2: Chain-link Fence 4-5 Ft High
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Legal Description*
Legal Description Concatenated: 25 53 41 MARKS SUB PB 1-28 LOT 16 BLK 2 LOT SIZE 7500 SQ FT 73R-256923 OR 21083-4544 0901 4

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.