$1,990,000

1189 NW 26 St, Miami, FL 33127

Commercial Property
Built in ——
5,009sqft lot
—— car garage
$——/sqft
Listed 5 days ago

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.

Listing Status:: Active
Date Added:: December 10, 2025 at 06:00AM
Listing Office:: Douglas Elliman : 3055822424
Listing Agent:: Brian Carter : 305-582-2424
MLS ID:: A11928327

Road/Access: City/County MaintainedPublic Road
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 3901BON AIRE PB 7-12 LOT 25 BLK 4 LOT SIZE 5000 SQ FT M/L FAU 01 3126 051 074001-31-26-051-0745
Current Use: Unimproved Multi Family (5+Units)

Utilities: Other Utilities AvailableOther
Water: Municipal Water
Sewer: Public Sanitation

Source: Miami Association of REALTORS®

This listing courtesy of Brian Carter, Douglas Elliman

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Santa Clara Elementary School

1051 NW 29th Ter, Miami, FL, 33127

Grades PK-5

0.29 miles away

Mater Academy Middle School of International Studies

795 NW 32nd St, Miami, FL, 33127

Grades 6-9

0.51 miles away

Secondary Student Success Center 802

750 NW 20th St, Miami, FL, 33127

Grades 6-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.