Commercial
Commercial
Type
Listing courtesy of
Douglas Elliman
Brian Carter
MLS® #A11928327
Listing information last updated January 27, 2026
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Overview
This commercial in Wynwood is listed for sale at $1,990,000.
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.
Listing history
Listed for sale
Dec 10, 2025 · MIAMI MLS
$1,990,000
Days on market
as of today
224 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$3,326
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Location
1189 NW 26 St, Miami FL 33127
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 224 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.