Prime redevelopment opportunity at 1031 NW 21st St - a strategically located warehouse in Allapattah amid a surge of institutional and private investment. The neighborhood is experiencing substantial mixed-use and workforce housing activity driven by the Live Local Act; recent multistory residential and mixed-use entitlements and large refinancing transactions demonstrate strong demand. Ideal for an owner-user, conversion to residential or a higher-density Live Local redevelopment, or a value-add repositioning play. Close to transit corridors and major development nodes - rare land play. Recent activity - Live Local entitlements, refinancing and institutional interest for workforce sites - are driving land values higher and widening exit options.
| MLS # | A11869883 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 366 |
| Listing Provided By | Florida Realty of Miami Corp | David Lloyd Ballard |
| SQ Feet | 8,173 |
|---|---|
| Zoning | 7700 |
| Acreage | 0.46 |
| Tax Annual Amount | 48400 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $4,850,000 low | high Med: $400,000 sqft: 8,173 low | high Med: 1,367 $ / sqft: $593 low | high Med: $293 On site: 366 low | high Med: 6 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33127 |
| Area | 2310 |
| Listing VS Median (in 33127) | |
Price: $4,850,000 low | high Med: $400,000 sqft: 8,173 low | high Med: 1,367 $ / sqft: $593 low | high Med: $293 On site: 366 low | high Med: 6 | |