702 26Th StMiami, FL 33137

Property Details for 702 26Th St

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 10,000 sq ft development land parcel, situated at 702-708 NE 26th Street in Miami's vibrant Edgewater neighborhood (zip code 33137, Miami-Dade County, Florida), presents a unique investment opportunity. Zoned T6-36A-L, the property boasts approved entitlements for a substantial development project encompassing 68 lodging units and 57 parking spaces, totaling 136,540 square feet of floor area. Architectural plans, prepared by a local firm, are available for review, showcasing the site's impressive potential. The asking price for this prime Miami real estate is $5,500,000. This is a turnkey opportunity for developers seeking to capitalize on the thriving Edgewater market. The property's location offers easy access to major transportation arteries, local amenities, and the dynamic urban landscape of Miami. Detailed plans are available upon request, providing a comprehensive understanding of the approved development parameters and design concepts. This is a rare chance to acquire a fully entitled development site in a highly sought-after area of Miami, poised for significant growth and return on investment. Broker co-op is available.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8015

Longitude

-80.186

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