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1031 NW 21st St, Miami FL 33127

Commercial For Sale
$4,850,000

BTC: 78.99022801

ETH: 2,777.77777778

-$350K (2025/10/28)
277 days
0 room(s)

Overview

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.

Location

Florida • Miami • 33127 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1947
Lot:
19880 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,850,000
$3.2M – $10.1M
Confidence Low
List vs. estimate
At estimate
List $4,850,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 24 public-records sales within 0.5 mi
Median actual sale: $1.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$48,400
All facts and features

  • Lot

    • Lot: 19880 Square Feet

    Other Property Information

    • Parcel Number: 01-31-26-054-0010

    • Zoning: 7700

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $48,400

  • Source details

    • MLS ID: A11869883

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
268
median $1.2M
Active
Same city
Miami
11,708
median $649K
Active
Same type
Commercial
1,120
median $1.3M
Active
Similar price
$3.4M – $6.3M
609
median $4.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida Realty of Miami Corp