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 Liv

1031 NORTH WEST 21ST ST, Miami

$5,200,000 USD
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Address1031 NORTH WEST 21ST ST, Miami
Type of PropertyMixed Use
Type of BusinessOffice / Warehouse Combination, Warehouse Space
Price$5,200,000
Property StatusActive
MLS NumberA11869883
Property Size19880
Lot Size19880
Year Built1947
Folio Number01-31-26-054-0010
Zoning Information7700
Days on Market12

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
StateFlorida
CityMiami
CountyMiami-Dade County
Zip Code33127
Address1031 NORTH WEST 21ST ST
Section26
Zip Code (4 Digits)4537
Financial Information
Price$5,200,000
Price per Foot$0
Folio Number01-31-26-054-0010
Tax Amount$48,400
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime 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 DescriptionPublic
Sewer DescriptionPublic Sanitation
Property parameters
Living Area19880
Lot Size19880
Total Acreage0.000
Zoning Information7700
Maximum Leasable Size19880
Year Built1947
Type of PropertyMixed Use
Type of BusinessOffice / Warehouse Combination, Warehouse Space
Street DirectionNorth West
Listed withFlorida Realty of Miami Corp