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Multi Family - for Sale

1031 NW 21ST ST, MIAMI, FL 33127

Asking Price$5,200,000

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  • Days on market:

    28 day(s)
  • Original Price:

    $5,200,000
  • 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
  • Property Type:

    Multi Family
  • Special Listing Conditions:

    Sale

Description

$5,200,000

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.

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