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    Miami Association of REALTORS®

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    $1,990,000
    For Sale

    1189 NW 26 St

    Miami, FL 33127
    0.12 acres | #A11928327
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    12 photos
    Type:Purchase
    Structure:Land
    Zone:Commercial

    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.

    • Property Details
        • Utility FeaturesOther Utilities Available, Other
        • Lot DescriptionCity Location, Less Than 1 Acre
        • Sewer InformationPublic Sanitation
        • CountyMiami-Dade County
        • Utility SourceMunicipal Water
        • SubdivisionWest of Wynwood
        • Property SubtypeCommercial
        • Structure TypeCommercial
        • MLS #A11928327
        • MLS #A11928327
        • Property TypePurchase
        • Cost1990000
        • Acres0.115

    Location

    Legal

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    Last Updated: Today at 12:47 AM. Source: MAOR

    Provided By
    Listing Agent: Brian Carter (#3022095)
    Listing Office: Douglas Elliman (#DEOM10)

    Luxe PropertiesReal Estate Group
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