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$2,700,000
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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.
Full Property Details
Full Property Details for 314 NE 26th Terrace
General
- Price: $2,700,000
- Taxes: $21,715 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A12001468
- Updated: 4/15/2026
- Added to Site: 10 day(s) ago
Location
- Area: Escottonia Park
- County: Miami-Dade County
- Subdivision: ESCOTTONIA PARK
- Building Name: ESCOTTONIA PARK
Community
- Community Name: Escottonia Park
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Removal, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Other Style
Lot Features
- Lot Size (Acres): 0.122
- Lot Size (Sq. Ft.): 5,340
- Lot Dimensions: 62 x 84
- Frontage Feet: 62
- Lot Features: Central Business District, City Location, Less Than 1 Acre
- Potential Use: Central Urban
- Zoning: 6405
Financial Considerations
- Tax Amount: $21,715
- Tax Year: 2025
Disclosures and Reports
- 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
- Property ID: 01-32-30-020-0360
Listed by Global Investments Realty
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Schools
Schools serving 314 NE 26th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Phyllis Wheatley Elementary School, Miami, FL 1801 Northwest 1st Place, Miami, FL 33136 | PK-5 | 0.8 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 NE 26th Terrace
Date
Details
Price
Change
Source
4/15/2026
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 314 NE 26th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,851
7%
$2,224,773
5%
2024
$22,331
17%
$2,117,989
2%
2023
$19,143
22%
$2,085,755
64%
2021
$15,666
-6%
$1,275,549
-24%
2022
$16,601
6%
$1,685,271
20%
2021
$15,666
—
$1,409,058
283%
2019
$15,658
22%
$368,342
10%
2018
$12,806
7%
$334,857
-68%
2017
$11,917
2%
$1,031,919
273%
2016
$11,729
17%
$276,742
10%
2015
$10,008
24%
$251,584
10%
2014
$8,041
58%
$228,713
10%
2013
$5,090
—
$207,921
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 NE 26th Terrace
314 NE 26th Ter, Miami, FL 33137 (MLS# A12001468) is a Commercial Land property with a lot size of 0.122 acres. 314 NE 26th Ter is currently listed for $2,700,000 and was received on April 15, 2026. Want to learn more about 314 NE 26th Ter? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

