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+3 photosLuxury home — 314 NE 26th Terrace · Escottonia Park · Miami
$2,700,000
314 NE 26th Terrace, Miami, FL 33137
Miami, FL, 33137
— bd · 0 ba · — sqft
Listed by Global Investments Realty
314 NE 26th Terrace, Miami, FL 33137
Listed by Global Investments Realty
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesSituated 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
210 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
314 NE 26th Terrace, Miami, FL 33137 · Miami
Location
314 NE 26th Terrace, Miami, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 314 NE 26th Terrace, Miami, FL 33137?+
Property tax (after sale): $4,497/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 314 NE 26th Terrace, Miami, FL 33137?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 314 NE 26th Terrace, Miami, FL 33137 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 314 NE 26th Terrace, Miami, FL 33137?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 314 NE 26th Terrace, Miami, FL 33137?+
This listing has been on the market 210 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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$2,700,000 · MLS A12001468
$2,700,000
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