21571 SW 110th Ave, Miami, FL 33189
Special Purpose - Miami, FL
- Added:
- Jun 4, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 12 at 1:06 am
Property Features for 21571 SW 110th Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 0100
- Standard status
- Active
- APN
- 30-60-07-001-0220
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Annual Amount
- 30
Building Details
- Building materials
- Block
- Roof type
- Wood
- Architectural style
- Other
Listing agent Mionsha Gay License #3301111 (786) 303-4144
Listing office South Florida Real Estate Grp 8961 S.W. 212 Terr, Miami, FL (786) 303-4144
Listing date Jun 4, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime development opportunity on a large 42,300 SF corner lot with high visibility and traffic exposure.
- Potential for significant redevelopment under Florida's Live Local Act (SB 1730), possibly allowing for a 200‑unit multifamily development.
- Includes four folios joined by a Unity of Title, offering flexibility for various development options.
- Located near the new South Dade Transit Busway (3 minutes) and the $1.5B Southplace City Center redevelopment (4 minutes).
- Existing +/-6,800 SF under‑constructed structure provides a foundation for various uses, including worship or adaptive reuse.
- Zoned RU‑1, allowing for single‑family home development if a Unity of Title release is obtained.
Overview
The asset is positioned for visibility and traffic exposure at the corner of SW 216 St and SW 110 Ave, with the South Dade Transit Busway noted as approximately 3 minutes away. The remarks also reference proximity to the Southland Mall Southplace City Center redevelopment, described as about 4 minutes from the site.
This property is best suited to buyers and operators who want to control the completion scope for a faith-based use, including faith-based organizations and educational or community-focused uses. It is also presented as a redevelopment candidate that may pursue outcomes tied to Florida’s Live Local Act (SB 1730), subject to county approval. Buyers may alternatively consider seeking a Unity of Title release for single-family development as noted in the provided information.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.8k | $36.00 |
| − Vacancy | −$16.4k | −$2.41 |
| EGI | $228.4k | $33.59 |
| − OpEx | −$102.8k | −$15.11 |
| NOI | $125.6k | $18.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.369982
- Latitude
- 25.565815
