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1031 NW 21st St, Miami FL 33127

Commercial Sale

1031 21st St

Miami, FL 33127

ML#:A11869883
List Price:$4,850,000
Status:Active
Days on Market:274
Listing Brkr:Florida Realty of Miami Corp
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:19880 sqft
Year Built:1947
Stories:

General Information

Type Property:Commercial Sale
Style:Mixed Use
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33127
Subdivision:
Latitude:25.796253
Longitude:-80.211783

Financial Information

Annual Taxes:$48,400
Original Price:$5,200,000
Days on Market:274

Remarks

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.

Listing Agent

David Ballard

Florida Realty of Miami Corp

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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