For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Allapattah Warehouse Redevelopment Opportunity Title is generated by Realmo AI

    1031 NW 21st St, Miami, FL 33127

    View on Map
    Claim this Listing
    For Sale
    $4,850,000

    Warehouse in Allapattah amid investment surge, ideal for redevelopment.

    Type:Commercial
    Lot size:
    0.46 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 2 at 5:07 pm

    Property Features for 1031 NW 21st St

    General Information

    Standard status
    Active
    Lot size
    0.46 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1947

    We can help!

    Contact an agent
    David Ballard
    David Ballard

    Listing office

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of David Ballard

    HighLights

    • Prime redevelopment opportunity in Allapattah, a rapidly developing area.
    • Strategically located warehouse suitable for owner‑user, residential conversion, or redevelopment.
    • Benefiting from the Live Local Act, driving mixed‑use and workforce housing activity.
    • Close proximity to transit corridors and major development nodes.
    • Recent Live Local entitlements, refinancing, and institutional interest are increasing land values.
    • Ideal for a value‑add repositioning play.

    Overview

    Located at 1031 NW 21st St in Miami's Allapattah neighborhood, this warehouse presents a redevelopment opportunity. The area is experiencing increased institutional and private investment, with mixed-use and workforce housing activity driven by the Live Local Act. Recent multistory residential and mixed-use entitlements and large refinancing transactions indicate strong demand in the area. This property is suitable for an owner-user, conversion to residential use, a higher-density Live Local redevelopment, or a value-add repositioning. The location is near transit corridors and major development nodes. Recent activity, including Live Local entitlements, refinancing, and institutional interest for workforce sites, is contributing to rising land values and expanding exit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Building Supply Real Estate Agency Electrical Service Storage Facility Veterinary Clinic Garden Center Carpet & Flooring Store Pet Grooming Service HVAC Service Spa & Massage Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2124
    Latitude
    25.7963

    FAQs

    What type of property is this?
    Commercial land - Warehouse in Allapattah amid investment surge, ideal for redevelopment.
    Where is this commercial land 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 owner‑user, residential conversion, or redevelopment.; Benefiting from the Live Local Act, driving mixed‑use and workforce housing activity.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message