South Florida Real Estate

1189 NW 26 St

Miami , FL 33127

MLS#: A11928327

$1,990,000

Status: Active
Listing number: A11928327
Listing provided by: Douglas Elliman
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
Browse Properties
West of Wynwood - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.115

  • Property Type

    Commercial Sale

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $1,990,000

  • Tax Amount

    3326.0

  • Zoning

    3901

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Partnership

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Miami-Dade

Elementary School

Middle School

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Listing Courtesy of Brian Carter PA , Douglas Elliman

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Agent JarrodGaylis

Realtor

JarrodGaylis

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(817) 682-7464

jgaylis@perfectpropertiesfl.com


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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.

1189 NW 26 St

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