1189 NW 26 Street Miami, FL 33127

$1,990,000
0.11
Acres
$1,990,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    West Of Wynwood
  • Tax Amount
    $3,326
  • Status
    Active
  • Listing #
    A11928327
  • Lot Size
    0.11
  • Listed on site
    176 days
  • Listing Agent Id
    3022095
  • Listing Agent Phone
    305-582-2424

Listed by:
Douglas Elliman

Source:
MIAMI MLS

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  • No HOA
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