1189 26 St ,Commercial, Unimproved Multi Family (5+units), West Of Wynwood for Sale & Rent

1189 26 St for Sale & Rent

Price $1,990,000.00

• Lot size 5000
• Year Build
• Waterfront
• Zip 33127
• Style
• Parking Description
• Pool Yes
• Status Active

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.

BON AIRE PB 7-12 LOT 25 BLK 4 LOT SIZE 5000 SQ FT M/L FAU 01 3126 051 0740

City Location, Less Than 1 Acre

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.

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.8009383,List Price:1990000,Listing Id:A11928327,Longitude:-80.2150722,Mls Status:Active,Ownership:Partnership,Utilities:1:Other,Directions:Ask for due diligence files. See attached marketing brochure/ OM. Sign on property/drive by. One vacant lot only.,Postal Code:33127,Street Name:26 St,Coordinates:1:25.8009383,Lot Features:1:Less Than 1 Acre,Photos Count:12,Possible Use:1:Suburban,Building Name:West of Wynwood,Lot Size Acres:0.115,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:West Of Wynwood,On Market Date:2025-12-10,Parcel Number:01-31-26-051-0745,Property Type:Commercial Land,Street Number:1189,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2026-06-30,Frontage Length:50,List Office Name:Douglas Elliman,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:0000,Property Sub Type:Commercial,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:West of Wynwood,Tax Annual Amount:3326,Unparsed Address:1189 NW 26 St, Miami FL 33127,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Road Frontage Type:1:Public Road,Sign On Property Y N:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:50x100,Lot Size Square Feet:5000,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:398,Original List Price:1990000,Public Survey Range:31,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 Contract Date:2025-12-10,Originating System I D:miamire,Public Survey Section:26,Showing Instructions:Go Directly,See Broker Remarks,Sign On Property,Street Number Numeric:1189,Tax Legal Description:BON AIRE PB 7-12 LOT 25 BLK 4 LOT SIZE 5000 SQ FT M/L FAU 01 3126 051 0740,Gross Scheduled Income:1132000,M I A M I R E_ Current Price:1990000,M I A M I R E_ Jurisdiction:City,Public Survey Township:31,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Develop 49 units in a proposed 9-story apartment building West of Wynwood & blocks to the UM Hospital District in Miami, FL.,M I A M I R E_ Parcel Number M L X:0745,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.801146$-80.215085$0.00$13.33$1.00$RJmhQQfGU3E-bg7u7g7bmA,M I A M I R E_ Supplement Count:3,Contract Status Change Date:2025-12-10,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:51,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:305-582-2424,M I A M I R E_ Property Description:Develop 49 apartments,M I A M I R E_ Inc Exp Statement Period:2028,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1189 NW 26 St,Internet Automated Valuation Display Y N:1,