314 NE 26th Ter, Miami, FL 33137
314 NE 26th Ter, Miami, FL 33137
314 NE 26th Ter, Miami, FL 33137
314 NE 26th Ter, Miami, FL 33137
314 NE 26th Ter, Miami, FL 33137
314 NE 26th Ter, Miami, FL 33137
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Lyka Mohammed

Lyka Mohammed

+1(786) 982-0314
$ 2,700,000
Est. payment | /mo

5,314 Sqft Lot

Save Virtual Tour
$ 2,700,000
Est. payment | /mo
Save Virtual Tour

5,314 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Escottonia Park

MLS Listing ID A12001468

HOA Y/N No

Annual Tax Amount $21,715

Tax Year 2025

Lot Size 5,314 Sqft

Acres 0.122

Lot Dimensions 62x84

Property Description

Situated in one of Miami's fastest-growing urban neighborhoods, just minutes from Wynwood, the Design District, Midtown Miami, and Downtown—an area experiencing strong residential and development demand. The property features a two-story duplex-style layout with independent entrances, allowing for dual rental income, owner-occupant flexibility, or the option to combine both levels into a spacious single-family residence. Approximately 2,254 SF of building area on a ~5,340+ SF lot, offering significant living space that can be optimized for rental, multi-generational living, or a large custom home renovation. Currently, both units are leased to one tenant. Ideal for investors seeking income-producing duplex use, renovation upside, or repositioning into a large single-family home in a rapidly appreciating neighborhood. The property may present an opportunity for assemblage with neighboring parcels, creating a larger footprint suitable for future redevelopment consistent with the area's ongoing urban growth. As of early 2026, the data shows a robust 5.8% year-over-year appreciation in price per square foot (PSF), a trend it's projected to accelerate as the Edgewater district nears full build-out.

Location

State FL

County Miami-dade

Community Escottonia Park

Area 32

Zoning 6405

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Collection, Water Available

Present Use Other

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Tax ID 01-32-30-020-0360

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001468

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Global Investments Realty

Nearby Locations

Lyka Mohammed

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 982-0314

lyka.m@theabbasgroup.com

11010 SW 88th St Ste 200, Miami, FL 33176, USA

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314 NE 26th Ter