417 Ne 26Th St, Miami, FL

House

For Sale

Listed price in listed location currency (USD).

$2,950,000

000

MLS® A12104867

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 0

Lot Size 4950 SF

Approx. Age 1921

MLS® Number A12104867

Property Address: 417 Ne 26th St, Miami, FL, 33137

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire prime covered land in the heart of East Edgewater, east of Biscayne Boulevard, just one block from Biscayne Bay and steps from Whole Foods and Equinox. Offered at $596/SF of land, this T6-36a-L zoned property presents a compelling opportunity to secure a strategic land position surrounded by luxury high-rises. At this land basis, buyers are essentially acquiring the land with a fully leased, ±5, 000 SF, seven-unit residential building thrown in, generating $158, 600 in annual gross income to help offset holding costs. The real value lies in the location, land ownership, and long-term flexibility. Investors can maintain existing income, capitalize on rental upside, explore alternative uses, or pursue future redevelopment and assemblage opportunities. Building improvements include impact windows, central A/C systems, and a silicone roof coating. Minutes from Wynwood, the Design District, Downtown Miami, and Brickell. An exceptional opportunity for 1031 exchange buyers and long-term investors looking to secure prime Miami land with income already in place. Own the land today. Collect the income. Control the upside.

MLS® NumberA12104867

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1921

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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