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    1189 NW 26 St Miami, FL 33127

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    For Sale
    $1,990,000

    Permit-ready land for 49 units near UM Hospital District.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 3:07 pm

    Property Features for 1189 NW 26 St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

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    Listing Contact
    Brian Carter
    Brian Carter

    Listing agent Brian Carter License #3022095

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Brian Carter


    Overview

    Miami Development Opportunity Near Wynwood

    This property presents a development opportunity for a 9-story apartment building with 49 units, situated west of Wynwood and near the UM Hospital District in Miami, Florida. The site is permit-ready before June 30th. Development is by-right via the ‘Live Local Act’, allowing for 48 residential units and one commercial/office space. Located in a Transit Oriented Development (TOD) area, the property benefits from zero parking requirements, offering cost savings. The location is near two metro stations along NW 12th Ave. The property has the potential for over $1.1 million in annual proforma revenue upon development and stabilization. Plans are in the process of a 2nd round of submissions. The bike score is 75, indicating it is very bikeable. The walk score is 90, indicating it is very walkable. The transit score is 52, indicating good transit.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.215004
    Latitude
    25.80115

    FAQs

    What type of property is this?
    Commercial land - Permit-ready land for 49 units near UM Hospital District.
    Where is this commercial land located?
    The property is located at 1189 NW 26 St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: Permit ready before June 30th for a **9‑story, 49‑unit apartment building**.; Develop by‑right via the ‘Live Local Act’ with 48 residential units and one commercial/office unit.; **Zero parking requirements** due to Transit Oriented Development (TOD) location, resulting in cost savings.
    More about this property
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