1031 NW 21st St new

Miami,FL 33127

$ 5200000

- Bed

0 Bath

8173 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,173 sqft

Price per Sqft $636

MLS Listing ID A11869883

Year Built 1947

Annual Tax Amount $48,400

Lot Size 0.456 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State FL

County Miami-dade

Area 31

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Corporate Listing

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