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Veronika HorshteynMiami Luxury Real Estate

$4,850,000

1031 NW 21st St, Miami FL 33127

Mixed Use · 8,173 sq ft building · Lot 19,880 sq ft · Built 1947 · Active

MLS# A11869883 · Listing courtesy of Florida Realty of Miami Corp

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1031 NW 21st St, Miami FL 33127 — photo 1 of 23

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.

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Listing data last updated 9/19/2026, 8:00:53 PM ET.

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