$2,950,000
 $15,836 est/mo Sourced by Back At You

417 NE 26th Street,Miami, FL 33137

Miami, FL 33137

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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 $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.

Details

MLS #A12104867
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site20
Listing Provided ByCompass Florida, LLC | Andres Perez-Cervera

Features

SQ Feet4,506
Units1
Zoning4604
Acreage0.12

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33137
Area2320
Listing VS Median (in 33137)
Price:
$2,950,000
low | high
Med:
$449,900
100% of Average
sqft:
4,506
low | high
Med:
1,092
100% of Average
$ / sqft:
$655
low | high
Med:
$412
87.069305271% of Average
On site:
20
low | high
Med:
260
7.692307692308% of Average
Sourced by Back At You

Market Activity 33137

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Contact

Learn More About This Property

Susan Oyer

Susan Oyer

Coldwell Banker Premium Realty

SL3501661SRES (561) 736-1251susanoyercbpr@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33137
Area2320
Listing VS Median (in 33137)
Price:
$2,950,000
low | high
Med:
$449,900
100% of Average
sqft:
4,506
low | high
Med:
1,092
100% of Average
$ / sqft:
$655
low | high
Med:
$412
87.069305271% of Average
On site:
20
low | high
Med:
260
7.692307692308% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.212M - $3.687M
sqft: 3,000 - 5,500
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650 NE 32nd Street BH7 Property Photo 1
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650 Ne 32nd Street Bh7
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Listing Updated: October 30, 2026 at 6:44:19 PM PDT
Susan Oyer
SRES
License #: SL3501661
(561) 736-1251
Coldwell Banker Premium Realty
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Susan Oyer - Coldwell Banker Premium Realty