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Property profile

773-775 21St Ter Miami, FL 33127

OFF-MARKET
Specialty properties
1,480 SF Built 2016
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Property summary

AI-generated overview

This exceptional 1,480 square foot retail property, built in 2016, is situated on an expansive 11,432 square foot lot in Miami's rapidly developing Allapattah neighborhood (zip code 33127). Located at 773-775 NW 21st Terrace, this single-building property is zoned D2, presenting a unique investment opportunity with significant upside potential. The property's strategic location offers easy access to major highways and public transportation, placing it at the nexus of Miami's most dynamic and rapidly evolving areas, including Wynwood and the Design District. Allapattah's burgeoning growth presents a compelling investment case, offering a more accessible and dynamic landscape compared to the already established Wynwood market. This property is ideally suited for a variety of uses, from state-of-the-art commercial space to a vibrant retail or art destination. The asking price is $2,200,000. This is a chance to be part of Allapattah's economic renaissance and contribute to the neighborhood's transformative growth. The property's size and zoning provide flexibility for a wide range of development possibilities, making it an attractive investment for those seeking to capitalize on Miami's dynamic real estate market. The property's prime location and the potential for significant appreciation make this a truly exceptional investment opportunity.

Property profile

Verified
Property type Specialty properties
Year built 2016
Total area 1,480 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

773-775 21St Ter Miami, FL 33127
Miami metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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