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Property profile & analytics
OFF-MARKET
Mixed-use properties

1352 21St St Miami, FL 33142

7,250 SF 0.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 7,250 SF
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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