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Pinnacle Real Estate Group – FL

1031 NW 21st Street, Miami, FL 33127 (MLS# A11869883)

1031 NW 21st Street, Miami, FL 33127

$4,850,000
Property Type: Commercial Sale Square Footage: 8,173 Status: Active
Current Price: $4,850,000 List Date: 9/01/2025 Last Modified: 8/26/2026

Overview

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.

Listing Details MLS# A11869883

General Property Information

Property Sub Type
Mixed Use
Occupant Type
Vacant
Building Area Main
8173
Year Built
1947
Lot Size Area
19880
Lot Size Acres
0.46

Property Features

Building Features: Fenced Area; Private Restroom(s); Separate Office Area; Separate Warehouse Area; Truck/Loading Dock(s) Documents Available: Existing Survey Possession: Negotiable Listing Terms: Cash Sewer: Public Sewer Special Information: Corporate Owned Structure Type: Office; Warehouse Water Source: Public Showing Requirements: Showing Service

Contract Information

Comp Sale YN
No
Original List Price
5200000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1031
Street Direction Prefix
NW
Street Name
21st
Street Suffix
Street
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33127
Postal Code +4
4537
Area
2310
Parcel Number
0131260540010
Subdivision Number
54
Zoning
7700
Flood Zone
X

Financial Information

Tax Annual Amount
48400
Tax Legal Description
HAWKINS PARK AMD PB 7-88 LOTS 1-2 & 3 BLK 1 LOT SIZE 19880 SQUARE FEET OR 14294-2853/18044-1722 0989 5

Status Change Information

Major Change Timestamp
2025-10-28T21:13:18Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-10-28T21:13:18Z
Status Change Date
2025-09-02

More Information

Price Calculations

Current Price To SqFt
593.41

Section Details

Parcel Number MLX
0010

Originating Details

Originating System Key
419978893
Originating System ID
M00000151
IDX
Listing Office: Florida Realty of Miami Corp
Last Updated: August - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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