314 NE 26th Terrace, Miami, FL, 33137
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.
Status:
Active
Type:
Lot / Acreage
Zoning:
6405
Subdivision:
ESCOTTONIA PARK
Lot Size:
5340
Acreage:
0.12
Est. Taxes:
$21,715
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Trash Removal
Elementary School:
Phillis Wheatley
Middle School:
Jose De Diego
High School:
Booker T. Washington
Days on Market:
76
MLS #:
A12001468
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Global Investments Realty 305-635-3005