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1189 NW 26 St, Miami, FL 33127

$1,990,000
  • 1189 NW 26 St, Miami, FL 33127 Main Photo

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Active
LOT SIZE 0.115 acres MLS#A11928327
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONWest of Wynwood

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.

1189 NW 26 St | MLS# A11928327

This land located at 1189 NW 26 St, Miami, FL 33127 is currently listed for sale with an asking price of $1,990,000. The property has approximately 0.11 Acres. Search Miami real estate on www.realty100.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.11 Acres
Taxes: $3,326

Feature Descriptions

Crops Included Y/N: No
Days on Site: 135
Directions: Ask for due diligence files. See attached marketing brochure/ OM. Sign on property/drive by. One vacant lot only.
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Lot: City Location, Less Than 1 Acre
Lot Dimensions: 50x100
Ownership: Partnership
Parcel#: 01-31-26-051-0745
Property Attached Y/N: No
Property Sub-Type: Commercial
Sewer: Public Sanitation
Utilities: Other Utilities Available, Other
Water: Municipal Water

Listed By / Shown By

Listed By

Agency Name: Douglas Elliman
Agency Phone: 305-677-5000

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 5,286.46 per month $4,428.88 Principal & Interest $277.17 Property Tax $580.42 Homeowner's Insurance

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