Industrial-Zoned Mixed-Use
2484 NW 21st Ter, Miami, FL 33142
For Sale
$1,500,000
Commercial Sale, Miami, FL
Property Size2,152 SF
Lot Size0.20 Acres
Price / SF$697.03
Days on Market121
Property Features for 2484 NW 21st Ter
General Information
Property type
Property subtype
Zoning description
Parking
Lot features
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
flexible workspaces
on-site parking
Building Details
Year built
Number of units
Building materials
Listing Agency:
Compass Florida, LLC
(305) 697-5402
Listed By:
Eneas Rivas · License FL #3013675
(305) 790-8156
Added: Jul 17
Changed: Nov 10
Last Checked: Nov 14 at 12:06AM
MLS# A11900488
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.
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Investment Insights
Based on property information with market context.
This 2,152-square-foot duplex sits on a 0.2006-acre corner parcel in Miami. Each unit has two bedrooms and one bathroom, with flexible workspace also identified on site. The building dates to 1941 and has concrete-block construction, central heating and central air. Water is supplied by a well, and the property connects to public sewer. The parcel is described as 8,740 square feet and is zoned 7700 Industrial.
The property is near Wynwood and Miami’s Health District, with access to I-95 and SR-836. Its two residential units, workspace, and industrial zoning define a mixed-use configuration.
The property is near Wynwood and Miami’s Health District, with access to I-95 and SR-836. Its two residential units, workspace, and industrial zoning define a mixed-use configuration.
Key Highlights
- 2,152‑square‑foot duplex on a 0.2006‑acre corner lot
- Two units, each with 2 bedrooms and 1 bathroom
- Zoned 7700 Industrial
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,841
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,820
$1.0M
Cap Rate 7%
$726,300
$726.3K
Cap Rate 9%
$564,900
$564.9K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$90.4K $42.00/SF
− Vacancy
−$9.0K −$4.20/SF
EGI
$81.3K $37.80/SF
− OpEx
−$30.5K −$14.18/SF
NOI
$50.8K $23.63/SF
Area
Miami, FL
Vacancy
10.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,820
Cap Rate 7%
$726,300
Cap Rate 9%
$564,900
Alternative Uses
Best Use
Mixed Use
$726.3K
$635.5K – $847.4K
NOI $50,841 @ 7.0% cap · market cap 3.39%
Second Best
Multifamily LT 5
$616.6K
$539.5K – $719.3K
NOI $43,160 @ 7.0% cap · market cap 2.88%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,683 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,317
Businesses Nearby
Explore this area
Business Placement
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
$298,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Miami, FL
Properties on Market for Mixed-use properties in Miami
Vacancy Rate% for Industrial in Miami, FL
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-unit layout combines residential space with flexible work areas and on-site parking.
Where is this mixed-use property located?
The property is located at 2484 NW 21st Ter Miami, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2,152‑square‑foot duplex on a 0.2006‑acre corner lot; Two units, each with 2 bedrooms and 1 bathroom; Zoned 7700 Industrial
