For saleVirtual tour

$2,950,000

0.12 acresBuilt 1921

417 Ne 26th StMiami, FL 33137

Commercial property (from the listing description) · MLS 12025371 · Listed 23 days ago (Oct 12, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

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.

Description provided by the listing brokerage.

Key facts

Asking price
$2,950,000
Status
For sale
Property type
Commercial (type not stated)From the listing description
Land area
0.12 acresSource field LotSizeSquareFeet
Year built
1921
MLS number
12025371

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$2,950,000

Building and site

County
Miami-Dade County

Investment figures reported in the description

Occupancy
100% (actual or pro forma not stated)"…lly acquiring the land with a fully leased, ±5,000 sf, seven-unit reside…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

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Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Miami.

Why this listing is on Commercial Only

  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 30, 2026, 11:50 AM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 9:00 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.