Miami, FL 33127,1189 NW 26 St
Miami, FL 33127,1189 NW 26 St
Miami, FL 33127,1189 NW 26 St
Miami, FL 33127,1189 NW 26 St
Miami, FL 33127,1189 NW 26 St
Miami, FL 33127,1189 NW 26 St
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$ 1,990,000
Est. payment | /mo

5,009 Sqft Lot


$ 1,990,000
Est. payment | /mo

5,009 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision West Of Wynwood

MLS Listing ID A11928327

HOA Y/N No

Annual Tax Amount $3,326

Tax Year 2025

Lot Size 5,009 Sqft

Acres 0.115

Lot Dimensions 50x100

Property Sub-Type Commercial

Property Description

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

State FL

County Miami-dade

Community West Of Wynwood

Area 31

Direction Ask for due diligence files. See attached marketing brochure/ OM. Sign on property/drive by. One vacant lot only.

Exterior

Utilities Available Other

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-31-26-051-0745

Ownership Partnership

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11928327

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman

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1189 NW 26 St