314 NE 26th Terrace, Miami, FL 33137
$2,700,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
5,340
Status:
Active
Current Price:
$2,700,000
List Date:
4/15/2026
Last Modified:
9/24/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# A12001468
General Property Information
- Property Sub Type
- Unimproved Land
- Lot Size Acres
- 0.12
- Lot Size Square Feet
- 5340
- Lot Size Dimensions
- 5340
- Lot Depth
- 84
- Lot Frontage
- 62
- LP/SqFt
- 505.62
Property Features
Comprehensive Plan Use:
Central Urban
Current Use:
Other
Environmental Audit:
Unknown
Location of Property:
Central Business District; City Location
Possession:
Close Of Escrow
Sewer:
Public Sewer
Special Information:
City Jurisdiction
Utilities:
Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available; Trash Removal
Road Responsibility:
Public Maintained Road
Water Source:
Public
Showing Requirements:
Call Listing Agent
Contract Information
- Comp Sale YN
- No
- Original List Price
- 2700000
- LP/Acre
- 22131147.54
- LP/Frontage
- 43548.39
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 314
- Street Direction Prefix
- NE
- Street Name
- 26th
- Street Suffix
- Terrace
- City Name
- Miami
- Municipal Code
- Yes
- State Or Province
- FL
- Postal Code
- 33137
- Postal Code +4
- 4649
- Postal Zip
- 33137
- Subdivision Name
- ESCOTTONIA PARK
- Area
- 2320
- Elementary School
- Phillis Wheatley
- Middle Or Junior School
- Jose De Diego
- High School
- Booker T. Washington
- Parcel Number
- 0132300200360
- Subdivision Number
- 20
- Zoning
- 6405
- Flood Zone
- AE
Financial Information
- Tax Year
- 2025
- Tax Annual Amount
- 21715
- Tax Legal Description
- ESCOTTONIA PARK PB 4-161 LOT 2 BLK 4 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 60.000 X 89 OR 16394-4726 0594 1
Status Change Information
- Major Change Timestamp
- 2026-04-15T04:00:00Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-04-15
More Information
Income and Expenses
- Inc/Exp Statement Period
- 2025
Price Calculations
- Current Price To SqFt
- 508.06
Section Details
- Parcel Number MLX
- 0360
Originating Details
- Originating System Key
- 455020313
- Originating System ID
- M00000151
Listing Office:
Global Investments Realty

Last Updated: September - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
