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$ 15,300,000
Est. payment | /mo
7,091 SqFt
$ 15,300,000
Est. payment | /mo
7,091 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,091 sqft
Price per Sqft $2,157
MLS Listing ID A12123215
HOA Y/N No
Year Built 1927
Annual Tax Amount $42,805
Lot Size 0.459 Acres
Property Sub-Type Multi Family
Property Description
Rare Edgewater development site with water views and income in place, steps from Biscayne Bay. Three contiguous folios at 600, 620 and 628 NE 26th Street total 20,000 SF of land with 12 rental units in three low-rise buildings. Zoned T6-36a-L: 68 units and 240,000 SF by right, or up to 336,000 SF and 60 stories through the Public Benefits Program. Additional density may be available under the Live Local Act and the City's 2026 resilience density incentive, subject to eligibility and City approval. Potential to expand the site to 40,000 SF with adjacent parcels at 520–528 and 702–708 NE 26th Street, subject to separate negotiation. Current rents help offset carrying costs while a buyer pursues entitlements. Minutes from Midtown, Wynwood, the Design District, Downtown and Brickell. Buyer to verify zoning, density and all information.
Location
State FL
County Miami-dade
Area 32
Zoning 4604
Exterior
Private Pool Yes
Building
Lot Description Flood Zone
Story 2
Level or Stories Two
Structure Type Block
Others
Tax ID 01-32-30-021-0210
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12123215
Listed by Global Investments Realty
NEARBY SCHOOL & BUSINESS