Commercial Land
1189 26 St
Miami, FL 33127
General Information
Location Information
Financial Information
Remarks
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.
Listing Agent
Brian Carter
Douglas Elliman
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020