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About This Home

This 0-bedroom, 0-bathroom commercial at 1189 NW 26 St in Miami, FL is listed for $1,990,000. on a 0.11 acres lot.

Agent Description

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.

Key Features

  • 0.11 acre lot

Monthly Cost Estimate

$10,643/mo

20% down · 6.5% · 30 years

Principal$1,439
Interest$8,623
Insurance$580

Estimates only. Actual payments may vary.

Location

1189 NW 26 St

Miami, FL 33127

West Of Wynwood

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1189 NW 26 St is listed at $1,990,000. The estimated monthly payment is $8,623 based on 20% down at 6.5% interest.

Key features include: 0.11 acre lot.

This property is listed by Brian Carter PA and can be reached at 3056956300 or brian.carter@elliman.com.

BP

Brian Carter PA

Agent at Douglas Elliman

(305) 695-6300

Listed by Douglas Elliman · View on Broker Site

MLS# A11928327· Source: listhub· Updated today

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1189 NW 26 St, Miami, FL 33127

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