1031 Nw 21st St, Miami, FL 33127

$4,850,000

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List Price
$4,850,000
Price Change
▼ $350,000 1761700873
MLS#
A11869883
Status
ACTIVE
Type
Commercial

Property 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.

Additional Information

Days on Market
381
Tax Amount
$48,400
Parcel Number
01-31-26-054-0010
Lot Size
19,880
Address
1031 Nw 21st St, Miami
Year Built
1947
Section
26

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Listing Courtesy of Florida Realty of Miami Corp, Contact: