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    1031 NW 21St St Miami, FL 33127

    Sponsored
    For Sale
    $4,850,000

    Mixed Use - Miami, FL

    Type:Mixed Use
    Days on Market:
    70
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 1031 NW 21St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    7700
    APN
    01-31-26-054-0010

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1947
    Architectural style
    Other

    Florida Realty of Miami (305) 598-5488 [email protected]

    Listing agent David Ballard PA (305) 598-5488 License #0639466

    Listing date Oct 28, 2025

    MLS# A11869883 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Allapattah Warehouse Redevelopment Opportunity

    This property presents a prime redevelopment opportunity, strategically located in Allapattah. The area 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. The property is ideal for an owner-user, conversion to residential, a higher-density Live Local redevelopment, or a value-add repositioning play. It is close to transit corridors and major development nodes, representing a rare land opportunity. Recent activity, including Live Local entitlements, refinancing, and institutional interest for workforce sites, are driving land values higher and widening exit options. The zoning is 7700.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.212451
    Latitude
    25.79627

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    FAQs

    What type of property is this?
    Mixed-use property - Warehouse in Allapattah amid institutional investment, ideal for redevelopment.
    Where is this mixed-use property located?
    The property is located at 1031 NW 21St St Miami, FL.
    What is the asking price?
    The asking price for this property is $4,850,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity in Allapattah, a rapidly developing area.; - Strategically located warehouse suitable for various uses: owner-user, residential conversion, or higher-density redevelopment.; - Benefiting from the Live Local Act, driving mixed-use and workforce housing development.
    (305) 710-8411
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    1031 NW 21St St Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1031 NW 21St St Miami, FL 33127
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