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432 NE 26th St - & 442 NE 26 Street 0.3 Acres of Residential Land Offered at $8,218,440 CAD in Miami, FL 33137
Investment Highlights
- Positioned one block from Biscayne Bay, the offering consists of two lots totaling 13,195 SF
- Ability to increase density by up to 40% in FAR and 100% in unit count through Public Benefit incentives
- The site is surrounded by premier luxury towers including Missoni Baia, Bay House Miami Residences, and Onyx on the Bay
Executive Summary
Property Facts
| Price | $8,218,440 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.32 AC |
| Property Type | Land | ||
| Zoning | T6-36a-L - High-Density Urban Core | ||
| Price | $8,218,440 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.32 AC |
| Zoning | T6-36a-L - High-Density Urban Core |
1 Lot Available
Lot
| Price | $8,218,440 CAD | Lot Size | 0.30 AC |
| Price Per AC | $27,131,086.03 CAD |
| Price | $8,218,440 CAD |
| Price Per AC | $27,131,086.03 CAD |
| Lot Size | 0.30 AC |
Description
Positioned one block from Biscayne Bay, the offering consists of two lots totaling 13,195 SF, with the potential to assemble with contiguous parcels for a larger-scale development play. The site is surrounded by premier luxury towers including Missoni Baia, Bay House Miami Residences, and Onyx on the Bay, reinforcing its high-end positioning and proven absorption. Zoned T6-36a-L, the property allows by right up to 17.9 units and 141,024 SF of buildable area, with the ability to increase density by up to 40% in FAR and 100% in unit count through Public Benefit incentives—creating a highly efficient vacant site with significant upside. Strategically located between the Miami Design District, Midtown, Wynwood, and Downtown, the site benefits from immediate access to Miami’s primary economic and lifestyle drivers. As of early 2026, Edgewater has experienced approximately 4%–7% year-over-year growth in residential sales price per square foot, driven by continued luxury development and strong buyer demand. This trend is expected to persist as the submarket approaches full build-out and developable land becomes increasingly scarce.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,794,270 CAD | |
| Land Assessment | $2,684,690 CAD | Total Assessment | $9,651,292 CAD |
Property Taxes
Presented by
432 NE 26th St - & 442 NE 26 Street
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