1031 NW 21st St, Miami FL 33127

For Sale · Active Listing

$4,850,000

6.73%

Est. Payment $25,814/mo

MLS Sheet Video

1947

Year Built

274

Days on Market

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.

Facts

MLS#: A11869883
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1947
Lot Size: 19,880 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 274 days
Listed: Sep 1, 2025
Last Updated: Oct 28, 2025
Price/Lot Sq.Ft.: $244/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

SOLD

$4,900,000

— bd · 0 ba · —

51 NW 36th St, Miami FL 33127

$5,000,000

— bd · 0 ba · —

679 & 681 NW 30th St, Miami FL 33127

SOLD

$4,700,000

— bd · 0 ba · —

1095 NW 23rd St, Miami FL 33127

SOLD

$4,488,000

— bd · 0 ba · —

3320 NW 2nd Ave, Miami FL 33127

SOLD

$5,250,000

— bd · 0 ba · 4,608 sqft

2210 NW Miami Court, Miami FL 33127

$4,250,000

— bd · 0 ba · —

4301 NW 2nd Ave, Miami FL 33127

SOLD

$5,500,000

— bd · 0 ba · —

2417 N Miami Ave, Miami FL 33127

$5,600,000

— bd · 0 ba · —

107 NW 31st St, Miami FL 33127

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/28/2025	Price change	$4,850,000-6.7%
9/1/2025	Listed for sale	$5,200,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1031 NW 21st St, Miami FL 33127Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Cardona Child Care Center
PK,KG · private · 0.7 mi
Lawton Chiles Middle School
6,7,8 · public · 0.8 mi
Spanish Lake Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Coral Cove Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Somerset Academy Elementary (Miramar Campus)
KG,1,2,3,4,5 · charter · 1.0 mi
Somerset Academy Middle (Miramar Campus)
6,7,8 · charter · 1.0 mi
Somerset Academy Miramar South Elementary
KG,1,2,3,4,5 · charter · 1.1 mi
Mother Of Our Redeemer Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.4 mi
Children's Paradise Learning Center Inc #9
KG,1,2 · private · 1.4 mi
Springview Academyinc
PK,TK,KG,1,2,3 · private · 1.6 mi

Estimated Monthly Payment

$30,005/mo

Principal & Interest

$25,814

Property Tax

$4,042

Insurance

$150

HOA

Down Payment20% ($970,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Updated within 24 hours