Property Description
Permit ready before June 30th: Develop 49 units in 9-story apartment building West of Wynwood, blocks to the UM Hospital District in Miami, FL. 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
- Sewer
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33127
- Street:
- 1189 Nw 26, Miami, Florida 33127
- Longitude:
- W81° 46' 56.7''
- Latitude:
- N25° 52' 14.4''
MLS Addon
- Cumulative DOM:
- 48
- DOM:
- 62
- Directions:
- Ask for due diligence files. See attached marketing brochure/ OM. Sign on property/drive by. One vacant lot only.
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Lot Features
- LotSize Dimensions:
- 50x100
- Parcel Number:
- 01-31-26-051-0745
- Subdivision Name:
- West of Wynwood
- Tax Annual Amount:
- $3,326
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Land For Sale
1189 Nw 26, Miami, Florida 33127, Miami, Florida 33127
5,000 Sqft
$1,990,000
MLS # #A11928327
Basic Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,990,000
- Lot Area :
- 5,000 Sqft
- MLS # :
- A11928327
- Property Sub Type :
- Commercial
