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    804 21St Ter Miami, FL 33131

    For Lease
    $27 SF/Yr

    Miami Coworking & Office Suites, 16,000+ sqft

    Lot size:
    16,392 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This fully renovated, two-story Allapattah building (16,392 total square feet) offers 30 private office suites, perfect for coworking or creative office uses. Built in 1925 and extensively renovated in 2018, the property features units ranging from 313 to 525 square feet, each equipped with a kitchenette and a full bathroom. The building sits on a 14,543 square foot lot and is zoned D2. Amenities include a shared conference room, common area lounges, and multiple outdoor courtyards. Its convenient location in Allapattah provides easy access to Wynwood and the Jackson/UM Medical District, approximately five minutes away. The building is a Class C property with no elevators. Individual suites are available for lease, offering a flexible and modern workspace solution. The property address is 804 NW 21st Terrace, Miami, FL 33131, near the cross street of 21st Terrace. This unique property presents a compelling opportunity for businesses seeking a vibrant and well-amenitized workspace in a rapidly developing Miami submarket. The property's location in Eastern Allapattah offers a blend of urban convenience and a distinct character.

    Property Features for 804 21St Ter

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,392 SF
    Class
    C
    Total Rate
    37332.78

    Building Details

    Year Built/Renovated
    1925/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 102+104
    Size
    693 SF
    Rate per SF
    $32
    Space
    suite 110
    Size
    457 SF
    Rate per SF
    $32
    Space
    Suite 101
    Size
    380 SF
    Rate per SF
    $34
    Space
    Suite 201
    Size
    471 SF
    Rate per SF
    $32
    Space
    Suite 121
    Size
    335 SF
    Rate per SF
    $32
    Space
    Suite 202
    Size
    894 SF
    Rate per SF
    $27
    Space
    Suite 107
    Size
    376 SF
    Rate per SF
    $32
    Space
    Suite 206
    Size
    373 SF
    Rate per SF
    $32
    Space
    Suite 204
    Size
    331 SF

    HighLights

    • All utilities included (electricity, water, CAM, cleaning, trash, & security).
    • Kitchenette with refrigerator and sink.
    • Full bathroom.
    • 24/7 secure access.
    • Shared tenant lounges.
    • On‑site conferencing room.
    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
    Florida
    State
    Florida
    Longitude
    -80.1847167
    Latitude
    25.76528

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    FAQs

    What type of property is this?
    Office space - Miami Coworking & Office Suites, 16,000+ sqft
    Where is this office space located?
    The property is located at 804 21St Ter Miami, FL.
    What is the lease rate?
    The lease rate is $0.00-$34 SF/Yr.
    What are key features of this property?
    This property features: All utilities included (electricity, water, CAM, cleaning, trash, & security).; Kitchenette with refrigerator and sink.; Full bathroom.
    Request Owner's contact information
    804 21St Ter Miami, FL 33131
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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 33131
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