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1189 NW 26 St, Miami FL 33127

Commercial For Sale
$1,990,000

BTC: 21.86813187

ETH: 995.00000000

2 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Develop 49 units in a proposed 9-story apartment building West of Wynwood & blocks to the UM Hospital District in Miami, FL. Plans are in process and are on the 2nd round of submission with the City of Miami. Develop by-right via the ‘Live Local Act’, 48 residential units plus one (1) commercial/office. As this site is in a ‘Transit Oriented Development’ (“TOD”) Area, it benefits from the cost savings of zero parking requirements. The location is within blocks of two metro-stations just north and south of the site along NW 12th Ave. Potential for over $1.1 mm in annual proforma revenue when developed, delivered & stabilized. Plans in process on 2nd round of submissions. Only $42,000/door land cost.

Location

Florida • Miami • 33127 • Commercial • For Sale

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.12 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 01-31-26-051-0745

    • Zoning: 3901

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Other Utilities Available

    • Other

  • Other financial information

    • Annual tax amount: $3,326

  • Source details

    • MLS ID: A11928327

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x100

    • Subdivision Name: West of Wynwood

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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 ©2025-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: Douglas Elliman