1031 NORTH WEST 21ST ST, Miami
$4,850,000 USD
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| Address | 1031 NORTH WEST 21ST ST, Miami |
| Type of Property | Mixed Use |
| Type of Business | Office / Warehouse Combination, Warehouse Space |
| Price | $4,850,000 |
| Previous Price | $5,200,000 (159 days ago) |
| Property Status | Active |
| MLS Number | A11869883 |
| Property Size | 19880 |
| Lot Size | 19880 |
| Year Built | 1947 |
| Folio Number | 01-31-26-054-0010 |
| Zoning Information | 7700 |
| Days on Market | 215 |
Detailed Description: Prime redevelopment opportunity at 1031 NW 21st St – a strategically located warehouse in Allapattah amid a surge of institutional and private investment. The neighborhood is experiencing substantial mixed-use and workforce housing activity driven by the Live Local Act; recent multistory residential and mixed-use entitlements and large refinancing transactions demonstrate strong demand. Ideal for an owner-user, conversion to residential or a higher-density Live Local redevelopment, or a value-add repositioning play. Close to transit corridors and major development nodes – rare land play. Recent activity – Live Local entitlements, refinancing and institutional interest for workforce sites – are driving land values higher and widening exit options.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33127 |
| Address | 1031 NORTH WEST 21ST ST |
| Section | 26 |
| Zip Code (4 Digits) | 4537 |
Financial Information
| Price | $4,850,000 |
| Price per Foot | $0 |
| Previous Price | $5,200,000 |
| Folio Number | 01-31-26-054-0010 |
| Tax Amount | $48,400 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Prime redevelopment opportunity at 1031 NW 21st St – a strategically located warehouse in Allapattah amid a surge of institutional and private investment. The neighborhood is experiencing substantial mixed-use and workforce housing activity driven by the Live Local Act; recent multistory residential and mixed-use entitlements and large refinancing transactions demonstrate strong demand. Ideal for an owner-user, conversion to residential or a higher-density Live Local redevelopment, or a value-add repositioning play. Close to transit corridors and major development nodes – rare land play. Recent activity – Live Local entitlements, refinancing and institutional interest for workforce sites – are driving land values higher and widening exit options. |
| Water Description | Public |
| Sewer Description | Public Sanitation |
Property parameters
| Living Area | 19880 |
| Lot Size | 19880 |
| Total Acreage | 0.000 |
| Zoning Information | 7700 |
| Maximum Leasable Size | 19880 |
| Year Built | 1947 |
| Type of Property | Mixed Use |
| Type of Business | Office / Warehouse Combination, Warehouse Space |
| Street Direction | North West |
| Listed with | Florida Realty of Miami Corp |