Historical Multifamily Sale Listing - AJA on the Bay

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AJA on the Bay

700 NE 26th Terrace, Miami, FL 33137


58 Units | Multifamily

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Multifamily Property - Off Market

No. Units:
Building Size:
99,368 SF
Property Type:
Property Sub-type:
Property Use Type:
Commission Split:
No. Stories:
Year Built:
Lot Size:
37,450 SF
APN / Parcel ID:
Listing ID
Last Updated
over 1 year ago


  • Spectacular Waterfront Property With Substantial Upside
  • Condo Convert or Take Advantage of Full Entitlements for Redevelopment
  • Close to Downtown Miami, Design Center, Performing Arts Center & Midtown
  • Great Access to Causeways to Miami Beach and Airport Espressways
  • Seller Financing Available


This is a recently renovated, 12 story, 58 unit apartment building directly on Biscayne Bay with over 200' of water frontage. The building is 100% leased, but at below market rents. There are many opportunities for this property. The building sits on 37,450 s.f. of land that has full entitlements for a 129 unit condo with 155,894 s.f. of saleable area or the existing 99,368 s.f. building could be converted to condo. Sellers are motivated.

The property sits right on Biscayne Bay about 2 blocks east of Biscayne Blvd. It is located in Miami's booming Edgewater district which provides easy access to downtown Miami, the Miami Design District, and the causeways to Miami Beach. Spectacular views of the Bay, downtown Miami and Miami Beach skylines.

Map of 700 NE 26th Terrace, Miami, FL 33137 (Miami-Dade County)

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