BANYAN PLACE AMD & EXTENS

702-708 NE 26th St, Miami FL 33137

For Sale · Active Listing

$5,900,000

Est. Payment $31,402/mo

MLS Sheet Video

16

Days on Market

Description

Located in a prime Edgewater area, next to Biscayne Bay, offering a unique opportunity to redevelop this property. Two vacant lots with an area of 10,000 SF. Properties may also be acquired as part of a larger assemblage totaling approximately 30,000 SF, offering expanded development potential.Conveniently zoned T6-36a-L, by right, up to 34 units or 68 condo hotel units can be built, and up to 120,000 SF, plus an additional 40% more with Public Benefit. Properties are surrounded by several luxury buildings, totaling over 6,000 units. Just one building from the bay and next to Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell, these properties are at the center of the best that Miami has to offer.

Facts

MLS#
A11988403
Subdivision
BANYAN PLACE AMD & EXTENS
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
9,975 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
16 days
Listed
Mar 8, 2026
Last Updated
Mar 24, 2026
Price/Lot Sq.Ft.
$591/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

36

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/8/2026Listed for sale$5,900,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

702-708 NE 26th St, Miami FL 33137Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$36,469/mo

Principal & Interest

$31,402

Property Tax

$4,917

Insurance

$150

HOA

$0

20% ($1,180,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated within 24 hours

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