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Flex-Industrial Bays
For Lease
$30 SF/Yr

1825 NW 21st St, Miami, FL 33142

Move-in ready bays in a recently repositioned complex, featuring new roof upgrades and newly renovated bathrooms in every unit.

Space SizeContact for details
Days on Market100

Property Features for 1825 NW 21st St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Service Bays 7

Building Details

Year Built 1979
Listing Agency: PINE RIVER REALTY, LLC.
Listed By: DOMINIC RIVERA · License #A12021245
Source: Corcoran
Added: May 18 Changed: Aug 22 Last Checked: Aug 24 at 7:56AM

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 PINE RIVER REALTY, LLC.

Investment Insights

Based on property information with market context.

This flex-industrial property offers a 7-bay complex with individual bays available for lease. Each bay is approximately 1,825 SF and the ownership team is completing a full repositioning, including a new roof, upgraded curb appeal, and brand-new bathrooms in every unit. The units are positioned for immediate occupancy, with terms described as 2 to 5 years.

Located in the heart of Allapattah, the complex is described as minutes from major access points including I-95, MIA, Wynwood, and PortMiami, supporting both daily operations and regional connectivity.

The bay configuration is well suited for a range of light industrial and flexible tenant types, including studios and showrooms, e-commerce and last-mile operators, and contractors that benefit from dedicated space. With move-in readiness and the recent building improvements already in place, tenants can focus on setup and operations without waiting for core updates to be completed.

Key Highlights

  • 7‑bay flex‑industrial complex built in 1979, with each bay offering 1,825 SF
  • New roof and upgraded curb appeal in the recently repositioned complex
  • Brand‑new bathrooms in every unit

Property Analytics

Current Use

M&C Master Auto ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant Catering Service

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

Lease Details

7
Service bays
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,822
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Lease Benchmarks for Miami, FL

$23.54 /SF/Yr
Avg Asking Price
$3.5–$50 /SF/Yr
Price Range
8,677 SF
Avg Space Size

This space is priced 27% above the average of $23.54 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready bays in a recently repositioned complex, featuring new roof upgrades and newly renovated bathrooms in every unit.
Where is this flex space located?
The property is located at 1825 NW 21st St Miami, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: 7‑bay flex‑industrial complex built in 1979, with each bay offering 1,825 SF; New roof and upgraded curb appeal in the recently repositioned complex; Brand‑new bathrooms in every unit
More about this property
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