Price Check
How this price compares
- List price
- $4,850,000
- Price per sq ft
- N/A
- Original price
- $5,200,000
- Days on market
- 387
This commercial property in ZIP 33127 is listed at $4,850,000. The asking price has come down 6.7% from its original $5,200,000. It has been on the market for 387 days.
Estimated monthly payment
$25,489 /mo
Principal and interest only, based on $970,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,850,000
- Days on Site
- 387 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 8,173 sqft
- Lot Size
- 0.46 Acres
- Year Built
- 1947
- Property Type
- Commercial
- MLS #
- A11869883
- Property Tax
- $48,400
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Corporate Listing
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1947
- Lot Size (Acres)
- 0.46
- Total Sq Ft
- 8,173
- Structure Type
- Office / Warehouse
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 7700
Community & HOA
- Financing Terms
- Cash
- MLS Area
- 2310
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 1031 NW 21st Street, Miami, FL 33127?
- Use the Tour button on this listing to request a showing of 1031 NW 21st Street, Miami, FL 33127. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1031 NW 21st Street, Miami, FL 33127 still available?
- 1031 NW 21st Street, Miami, FL 33127 is currently listed as Active, and has been on the market 387 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1031 NW 21st Street, Miami, FL 33127?
- With 20% down ($970,000) on the $4,850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1031 NW 21st Street, Miami, FL 33127 is about $25,489/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1031 NW 21st Street, Miami, FL 33127?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1031 NW 21st Street, Miami, FL 33127. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1031 NW 21st Street, Miami, FL 33127?
- Often, yes. The right offer on 1031 NW 21st Street, Miami, FL 33127 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Florida Realty of Miami Corp
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4,850,000
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Listed by David Lloyd Ballard, Florida Realty of Miami Corp
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Recent Sales
Recently sold homes in ZIP 33127
These are the last 6 recorded closings in ZIP 33127, with the price each home actually sold for rather than what it was listed at. They closed at a median of $533 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$910,000
Sold · October 13, 2026
545 NW 47th Street
3 bed · 3 bath
$39,000 under the asking price
Sold$415,000
Sold · October 9, 2026
5820 NW 3 Avenue
3 bed · 2.5 bath · 1,000 sqft · $415/sqft
$20,000 under the asking price
Sold$575,000
Sold · October 2, 2026
347 NW 42nd Street
4 bed · 1 bath · 1,038 sqft · $554/sqft
$14,700 under the asking price
Sold$580,000
Sold · October 2, 2026
750-752 NW 52nd Street
0 bed · 0 bath · 1,343 sqft · $432/sqft
$94,900 under the asking price
Sold$760,000
Sold · September 30, 2026
231 NW 44th Street
5 bed · 3 bath · 1,426 sqft · $533/sqft
$72,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
2428 NW 7th Avenue
0 bed · 0 bath
$500,000 under the asking price
See every recorded sale in ZIP 33127 or find out what your ZIP 33127 home is worth.
