REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,850,000
Est. payment /mo
Price Dropped by $350K
1031 NW 21st St Miami, FL 33127
8,173 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,173 sqft
Price per Sqft $593
MLS Listing ID A11869883
HOA Y/N No
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
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-31-26-054-0010
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11869883
Listed by Florida Realty of Miami Corp