1352 21St St Miami, FL 33142
- Mixed-use properties
- 7,250 SF
- 0.20 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1352 21St St
- Lot size
- 0.20 lot acres
- Property size
- 7,250 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 7,250-square-foot vacant lot presents a compelling investment opportunity in Miami's rapidly developing Allapattah neighborhood. Located at 1352 NW 21st St, Miami, FL 33142, this 0.2-acre parcel is zoned T6-8-O, allowing for the construction of a multifamily building with up to 25 apartments and ground-floor retail space. Allapattah is experiencing significant revitalization, with plans for over 4,000 new residential units, solidifying its position as a highly sought-after area, often referred to as "the next Wynwood." The property's prime location offers easy access to the Miami Health District, and is a short drive from Wynwood, Brickell, and Downtown Miami. An adjacent larger lot with a warehouse is also available for purchase, presenting the potential for a substantially larger development with up to 120 units. This vacant land offers developers a unique chance to capitalize on Allapattah's explosive growth and create a significant return on investment. The asking price for this property is $1,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2182
- Latitude
- 25.7958
