417 NE 26th St, Miami, FL 33137

About 417 NE 26th St, Miami, FL 33137

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 $587/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. Seller-financing will be considered for qualified buyers.

How This Listing Compares in Miami

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 417 NE 26th St, Miami, FL 33137

Pool Private

No

The Building at 417 NE 26th St, Miami, FL 33137

Building Area Total

4506

Building Area Units

Square Feet

Association

No

Lot, Views & Construction at 417 NE 26th St, Miami, FL 33137

Lot Size Square Feet

5,022

Waterfront

No

View

No

New Construction

No

Taxes & Public Record for 417 NE 26th St, Miami, FL 33137

Parcel Number

01-32-30-021-0010

Tax Legal Description

BANYAN PLACE AMD & EXT PB 8-55 LOT A BLK A LOT SIZE 50.000 X 99 OR 20681-3788 09 2002 1 COC 23467-0574 05 2005 1

Zoning

4604

County Or Parish

Miami-Dade County

Map & Neighborhood