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Financial
Distress signals
Property profile

1031 NW 21St St Miami, FL 33127

FOR SALE
Other warehouses
Property ID
US18-3737034
777 SF 0.46 ac lot Built 1947
Last sale May 2024 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1031 NW 21St St, Miami, FL 33127 For Sale
$4,850,000 777 SF
1031 NW 21St St, Miami, FL 33127
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Property summary

AI-generated overview

The property is a warehouse located in the Allapattah neighborhood, positioned within an area that has experienced active mixed-use and workforce housing development and entitlements. It is suited to redevelopment due to its use as a warehouse and its land-use context near transit corridors and major development nodes. The site is described as potentially adaptable for owner-user use, residential conversion, or higher-density redevelopment consistent with the area’s Live Local workforce housing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$48k
Tax billed · 2023
Assessed value$2.34M
Assessed land$1.59M
Assessed improvement$748k
Effective rate2.06%

Value estimate

· Oct 2026
$4.00M
$3.60M – $4.40M
AI approach$4.00M
NOI build-up
Gross scheduled income$343k
Vacancy & credit loss−$34k
Operating expenses−$116k
NOI · 3.98% cap applied$193k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,110/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$357 – $2,156
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3.98%
$193k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
7700:INDUSTRIAL,RESTRICT
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.1
Electrical Service19.5
Storage Facility18.1

Location

1031 NW 21St St Miami, FL 33127
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
768 21st, Miami, FL 33127-4630 $2,500,000 Dec 2025 2,024 SF
711 24th, Miami, FL 33127-4252 $1,200,000 Jul 2024 3,536 SF
3910 2nd, Miami, FL 33127-2922 $530,000 Mar 2024 1,800 SF
48 54th, Miami, FL 33127-1714 $470,000 Jan 2024 1,190 SF
995 21st, Miami, FL 33127-4633 $800,000 Nov 2023 2,480 SF
748 24th, Miami, FL 33127 $950,000 Oct 2023 2,275 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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