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    804 21St Ter Miami, FL 33127

    For Lease
    $0.03 SF/Yr

    Renovated Office Building, 14,520 sq ft

    Lot size:
    14,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Allapattah Building presents a unique investment opportunity in a rapidly developing area. This fully renovated, two-story building comprises approximately 14,520 square feet and features a single tenancy. The building is zoned 7700 and boasts a total of thirty individual office suites, each equipped with a private kitchenette and full bathroom. Suite sizes range from 274 to 457 square feet, offering flexibility for various business needs. Shared amenities include a convenient conference room, multiple inviting common area lounges, and several tranquil courtyards. The property's strategic location in Eastern Allapattah provides unparalleled access to both the vibrant Wynwood Arts District and the Jackson/UM Medical District, both within a five-minute commute. With no on-site parking, the property is ideal for businesses prioritizing alternative transportation options or those whose employees primarily utilize public transit or ride-sharing services. The property's APN is 01-31-26-013-0290. This exceptional offering presents a rare chance to acquire a fully renovated, modern office building in a high-growth neighborhood. The building's unique design and convenient location make it an attractive proposition for a variety of businesses seeking a well-appointed and strategically located workspace.

    Property Features for 804 21St Ter

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,520 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    14,520 SF
    Rate per SF
    $0.03

    HighLights

    • Office and special purpose property, single‑tenant occupancy.
    • Two‑story building with 14,520 square feet of space.
    • Thirty private offices ranging from 274 to 457 square feet.
    • Each unit includes a kitchenette and full bathroom.
    • Amenities include a conference room, common area lounges, and multiple courtyards.
    • Located in Allapattah, minutes from Wynwood and the Jackson/UM Medical District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vision Network Wiring ... Telecommunications Contractor Dog Club Dog Trainer Stubins Group Real Estate Agency RedRiver Jackson Partners Loan Agency Perspective Counseling Mental Health Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2093794
    Latitude
    25.7967598

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    FAQs

    What type of property is this?
    Specialty property - Renovated Office Building, 14,520 sq ft
    Where is this specialty property located?
    The property is located at 804 21St Ter Miami, FL.
    What is the lease rate?
    The lease rate is $0.03 SF/Yr.
    What are key features of this property?
    This property features: Office and special purpose property, single-tenant occupancy.; Two-story building with 14,520 square feet of space.; Thirty private offices ranging from 274 to 457 square feet.
    Request Owner's contact information
    804 21St Ter Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    804 21St Ter Miami, FL 33127
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