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Industrial Warehouse
For Sale
Contact for pricing
Pending

321 NE 59th Ter # 321, Miami, FL 33137

Industrial warehouse property within an Opportunity Zone near the proposed Magic City development.

Property SizeContact for details
Days on Market145

Property Features for 321 NE 59th Ter # 321

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: InvesTeam Realty
Listed By: Eva Ljung · License #3026831
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 12:37AM

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 InvesTeam Realty

Investment Insights

Based on property information with market context.

This for-sale offering includes a 2,172-square-foot industrial warehouse at 321 NE 59th Ter # 321 in Miami, Florida 33137. The property is identified within an Opportunity Zone and is situated in the Lemon City area.

The warehouse is near the proposed Magic City development, which is planned to include Magic City Studios, a 30,000-square-foot studio project. Its location provides proximity to this announced development while retaining a straightforward industrial warehouse profile.

Key Highlights

  • 2,172 SF industrial warehouse
  • Located within an Opportunity Zone
  • Near proposed Magic City development

Property Analytics

Current Use

Reddcity Music Group Theater & Performing Art Venue

Suggested Use

Top Pick Dental Office Butcher Pet Store Pet Store & Service Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,607
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Top Notch Movers & Delivery 156 nw 54th st unit 123, miami, fl 33127
  • New Horizon 43 NE 54th St, Miami, FL 33137
  • Göktürkler Lojistik 5611 NW 12th Ave, Miami, FL 33136

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse property within an Opportunity Zone near the proposed Magic City development.
Where is this warehouse located?
The property is located at 321 NE 59th Ter # 321 Miami, FL.
What are key features of this property?
This property features: 2,172 SF industrial warehouse; Located within an Opportunity Zone; Near proposed Magic City development
More about this property
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