120 NE 23rd St Miami, FL 33137
Edgewater NeighborhoodEstimated payment $15,133/month
About This Lot
Rare opportunity to acquire an assemblage of three adjacent lots totaling 0.51 acres, primed for development in Edgewater—one of Miami’s most dynamic and rapidly evolving neighborhoods. Strategically positioned just minutes from Downtown Miami, Wynwood, and the Design District, the site offers immediate access to major employment centers, luxury residential growth, and premier retail and dining destinations. Zoned T6-8-O, the property permits residential, commercial, or mixed-use development up to eight stories, providing exceptional flexibility for a broad range of urban projects. Located within a designated Opportunity Zone, the property offers valuable tax advantages, making it highly attractive for long-term, ground-up development.
Listing Agent
Fernando Echeverri, P.A., CCIM
Great Properties International LLC License #3045300 Listed on: 02/03/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $25,527
Lot Details
- 7,380 Sq Ft Lot
- Lot Dimensions are 50x148
- Cul-De-Sac
- Property is zoned T6-8-O
Location
- City Lot
Community Details
- No Home Owners Association
- W Edgewater Sub Condos
- W Edgewater Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-25-011-0280
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,105 | $1,208,132 | -- | -- |
| 2024 | $25,060 | $1,098,302 | -- | -- |
| 2023 | $25,060 | $998,457 | $0 | $0 |
| 2022 | $23,696 | $907,689 | $0 | $0 |
| 2021 | $19,699 | $825,172 | $0 | $0 |
| 2020 | $18,702 | $1,025,849 | $959,400 | $66,449 |
| 2019 | $17,776 | $1,025,857 | $959,400 | $66,457 |
| 2018 | $14,795 | $730,665 | $664,200 | $66,465 |
| 2017 | $13,112 | $583,073 | $0 | $0 |
| 2016 | $9,506 | $308,631 | $0 | $0 |
| 2015 | $8,457 | $280,574 | $0 | $0 |
| 2014 | $6,967 | $255,068 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2026 02/03/26 | For Sale | $2,434,000 | +131.8% | -- | |
| 08/02/2016 08/02/16 | Sold | $1,050,000 | -52.3% | $730 / Sq Ft | View Prior Sale |
| 03/31/2016 03/31/16 | Pending | -- | -- | -- | |
| 08/18/2015 08/18/15 | For Sale | $2,200,000 | -- | $1,529 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Attorney | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | $243,000 | Attorney | |
| Warranty Deed | $540,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $486,000 | Unknown |
Source: MIAMI REALTORS® MLS
MLS Number: A11958601
APN: 01-3125-011-0280
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- 105 NE 22nd St Unit A3
- 154 NE 23rd St Unit A1
- 154 NE 23rd St Unit D2
- 109 NE 22nd St Unit S3
- 131 NE 22nd St Unit A
- 162 NE 23rd St Unit C2
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Ask me questions while you tour the home.