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441 NE 26th St, Miami FL 33137

Commercial For Sale
$6,000,000

BTC: 93.47307142

ETH: 3,403.40567461

45 days
0 room(s)

Overview

Positioned one block from Biscayne Bay, the offering consists of two lots totaling 13,195 SF, with the potential to assemble with contiguous parcels for a larger-scale development play. The site is surrounded by premier luxury towers including Missoni Baia, Bay House Miami Residences, and Onyx on the Bay, reinforcing its high-end positioning and proven absorption. Zoned T6-36a-L, the property allows by right up to 17.9 units and 141,024 SF of buildable area, with the ability to increase density by up to 40% in FAR and 100% in unit count through Public Benefit incentives—creating a highly efficient vacant site with significant upside. Strategically located between the Miami Design District, Midtown, Wynwood, and Downtown, the site benefits from immediate access to Miami’s primary economic and lifestyle drivers. As of early 2026, Edgewater has experienced approximately 4%–7% year-over-year growth in residential sales price per square foot, driven by continued luxury development and strong buyer demand. This trend is expected to persist as the submarket approaches full build-out and developable land becomes increasingly scarce.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.30 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,200,000
$859K – $11.8M
Confidence Low
List vs. estimate
$3.8M above estimate
List $6,000,000 · +172.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
17 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $967K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$70,421
2025
All facts and features
  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 01-32-30-021-0030

    • Zoning: 4604

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $70,421

  • Source details

    • MLS ID: A12015508

    Other facts

    • Lot Features: Central Business District / City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 163x62

    • Subdivision Name: BANYAN PLACE AMD & EXTENS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Global Investments Realty