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702-708 NE 26th St
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$5,900,000

702-708 NE 26th St, Miami

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0 bd·0 ba·0 sqft
9,975 sqft lotBanyan Place

702-708 NE 26th St, Miami, FL

0 bd · 0 ba · 0 sqft Land listed at $5,900,000 in the Banyan Place neighborhood.

About this home

Located in a prime Edgewater area, next to Biscayne Bay, offering a unique opportunity to redevelop this property. Two vacant lots with an area of 10,000 SF. Properties may also be acquired as part of a larger assemblage totaling approximately 30,000 SF, offering expanded development potential.Conveniently zoned T6-36a-L, by right, up to 34 units or 68 condo hotel units can be built, and up to 120,000 SF, plus an additional 40% more with Public Benefit. Properties are surrounded by several luxury buildings, totaling over 6,000 units. Just one building from the bay and next to Biscayne Boulevard, and just few minutes from Midtown, Wynwood, Design District, A&E District, Downtown and Brickell, these properties are at the center of the best that Miami has to offer.

Property details

Price
$5,900,000
Bedrooms
0
Bathrooms
0
Lot size
9,975 sqft
Type
Land
Days on market
33
Est. property tax
$50,740/yr · $4,228/mo · 0.86% FL avg
Last sold
$3,750,000 · Jun 2022
Virtual tour

Estimated monthly payment

Down payment20% ($1,180,000)
Interest rate6.75%
Principal & Interest$30,614
Property Tax$5,408
Insurance$150
Total$36,172/mo

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Price history

$6.49M$2.95M$-588K$295K on May 10 (Initial list)$2K on Jul 10 (Price change)$2K on Oct 10 (Price change)$2K on Nov 10 (Price change)$285K on Jul 11 (Price change)$260K on Oct 11 (Sold)$251K on Nov 11 (Sold)$775K on Nov 15 (Sold)$3.75M on Jun 22 (Sold)$5.90M on Jul 25 (Initial list)$5.90M on Mar 26 (Initial list)
$295K · May 10$5.90M · Mar 26
  1. Mar 24, 2026$5,900,000Initial list price
  2. Jul 18, 2025$5,900,000Initial list price
  3. Jun 16, 2022$3,750,000Sold
  4. Nov 3, 2015$775,000Sold
  5. Nov 15, 2011$251,000Sold
  6. Oct 10, 2011$260,000Sold
  7. Jul 26, 2011$285,000Price change
  8. Nov 15, 2010$1,500Price change
  9. Oct 15, 2010$1,550Price change
  10. Jul 8, 2010$1,650Price change
  11. May 7, 2010$295,000Initial list price

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 702-708 NE 26th St, Miami
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Home Intelligence

Neighborhood (zip 33137)

This neighborhood is primarily renter-occupied (26% owner-occupied). Median age is 34.3; 28% hold a bachelor's degree; median household income is $71,348.

Median income
$71,348
Median age
34.3
Owner-occupied
26.3%
Bachelor's degree
28.3%
Census median home value
$462,200

Source: US Census Bureau American Community Survey 5-year estimates.

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