About This Home

This 0-bedroom, 0-bathroom commercial at 1031 NW 21st St in Miami, FL is listed for $4,850,000. Built in 1947, on a 0.46 acres lot.

Key Features

  • Built in 1947
  • 0.46 acre lot

Property Details

1947
Listing 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.

Monthly Cost Estimate

$25,939/mo

20% down · 6.5% · 30 years

Principal$3,508
Interest$21,017
Insurance$1,415

Estimates only. Actual payments may vary.

Location

1031 NW 21st St

Miami, FL 33127

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1031 NW 21st St is listed at $4,850,000. The estimated monthly payment is $25,939 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.46 acre lot.

This property is listed by David Ballard PA.

DP

David Ballard PA

License 0639466

Agent at Florida Realty of Miami

Listed by Florida Realty of Miami · Broker phone: (305) 598-5488 · Broker website

MLS# A11869883· Source: Miami REALTORS®· 3 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1031 NW 21st St, Miami, FL 33127

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