Financial
Distress signals
Property profile

15221 21st Ave North Miami Beach, FL 33162

OFF-MARKET
Other warehouses
Property ID
US18-3259960
10,909 SF 0.44 ac lot Built 1963
Last sale Aug 2002 · $210,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Great Southern Studios is a warehouse/flex property configured for studio use, historically operated as a film studio. It consists of one building totaling 10,909 square feet situated on a 19,250-square-foot (nearly half-acre) lot. The property is zoned B-4 Light Industrial and is located in North Miami Beach, one block from Biscayne Boulevard. The facility completed its 50-year recertification in May 2023. The building layout and zoning support use by end users and potential redevelopment consistent with light industrial and flex-studio applications.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$1.87M
Assessed land$481k
Assessed improvement$1.39M
Effective rate1.31%

Value estimate

· Sep 2026
$1.84M
$1.66M – $2.02M

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$297/SF
Submarket average, outlier-cleaned · 779 recorded sales of this use type
Observed band · Q1–Q3$190 – $483
Qualifying comparables27

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
7100:INDUSTRIAL,LIGHT MFG
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center16.9
Parking Facility15.8
Hotel & Motel11.0

Location

15221 21st Ave North Miami Beach, FL 33162-6003
County assessor Recorded deeds · 1 transfer 27 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 181st, Miami, FL 33162-1005 $12,398,000 Aug 2024 59,696 SF
205 179th, Miami, FL 33162-1018 $5,555,100 Apr 2024 33,939 SF
290 181st, Miami, FL 33162 $2,350,000 Sep 2021 14,626 SF
2064 161st, Miami, FL 33162 $600,000 Mar 2019 6,628 SF
2151 163rd, North Miami Beach, FL 33162-4925 $4,900,000 Feb 2019 24,958 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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