2 Locations

DWNTWN Realty Advisors has been exclusively retained to market for sale a four-parcel assemblage totaling nearly 47,000 SF SF situated at the hard corner of NE 2nd Avenue and NE 24th Street in Miami's Edgewater waterfront neighborhood. The site comprises a fully-leased, ±15,817 SF mixed-use retail building generating over $750,000 in annual gross rent providing immediate cash flow during entitlement and development planning phases. The property benefits from exceptional location positioning, with 100 feet of frontage on NE 2nd Avenue's premium commercial corridor, direct visibility from Biscayne Boulevard, and rare on-site dedicated parking amenity. Zoned T6-12-Open with exceptional upside potential for T6-36 rezoning (conceptual but backed by similar recent approvals in Edgewater), the full assemblage site permits development of high-rise residential towers with flexible density ranging from 150 to 500 units depending on unit-mix strategy and market positioning. At maximum T6-36 parameters, the property allows 244,764 SF of buildable area, enabling residential-focused development with ground-floor retail activation. This represents a rare opportunity to acquire a stabilized, income-producing land parcel with transformational development optionality in one of South Florida's most coveted waterfront submarkets.