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

UPDATED:

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


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1189 NW 26 St