Commercial property in 1189 NW 26 St Miami for sale with MLS# A11928327

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.

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Days on the market

1189 NW 26 St, Miami, FL 33127

Price
Price:
$1,990,000.00
Original List Price:
$1,990,000.00
Business Info
Gross Scheduled Income:
1132000
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land
Property Type:
Commercial
MLS Number:
A11928327
Description of Last Important Update:
New Listing
Last Major Update on:
December 10, 2025 9:16 am
Measures
Lot Area:
5,000 Sqft
Lot Size Dimensions and Info:
50x100
Lot Size Unit:
Square Feet
Lot Features:
Less Than One Acre
Lot Size Acres:
0.115
Number of Lots:
1
Property Features
Waterfront:
No
Vegetation and Trees:
Other
Road Responsibility:
Public Maintained Road
Taxes and Expenses
Tax Annual Amount:
$3,326.00
Tax Year:
2025
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Utilities Available:
Other
Water Source:
Public
Community
Subdivision Name:
West of Wynwood
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
BON AIRE PB 7-12 LOT 25 BLK 4 LOT SIZE 5000 SQ FT M/L FAU 01 3126 051 0740
Real Estate Folio Number (Parcel Number):
01-31-26-051-0745
Zoning Description:
3901
Title to the property is held by owner as:
Partnership
Listing History
Originally published on:
December 10, 2025 9:16 am
Active on the market since:
December 10, 2025
Price change occurred on:
December 9, 2025 10:57 pm
Listing Status Last Changed On:
December 10, 2025 9:16 am
Photos updated on:
December 10, 2025 2:38 pm
Last Modified:
January 27, 2026 7:17 pm
Additional Information
Property Description:
Develop 49 apartments
Flood Zone:
X
Municipal Code:
1
Subdivision Number:
51
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Road Surface Type:
Paved
Location
Street Name:
26 St
Street Number:
1189
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 3.6''
Longitude:
W81° 47' 5.6''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 39 Good
☀️ O3 39 Good
🫁 PM2.5 27 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.