2484 NW 21st Ter, Miami, FL 33142 — MLS photo

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2484 NW 21st Ter, Miami, FL 33142

Active · Industrial

$1,580,000

2484 NW 21st Ter, Miami, FL 33142

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1941
Lot size
8,740 sq ft
HOA fee
—
Annual tax
$10,939

About this property

Unlock the potential of this 8,740 SF corner-lot property, strategically located in Miami’s prime Allapattah area near Wynwood and the Health District. Featuring a functional 2152 SF Duplex with 2 Bed and 1 Bath each unit, flexible workspaces, and on-site parking, this site offers exceptional versatility for automotive, logistics, distribution, or adaptive reuse. Zoned 7700 Industrial, the property presents significant redevelopment opportunities under the Live Local Act, making it ideal for owner-users, investors, or developers seeking upside in a fast-appreciating, high-growth zone. With excellent connectivity to I-95, SR-836, and major highways, plus strong visibility and market momentum, this rare offering stands out in Miami’s booming commercial corridor.

Property location

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2484 NW 21st Ter, Miami, FL 33142

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Facts & features

Interior

Bathrooms
0
Flooring
Other
Cooling
Other, Central Air
Heating
Central

Exterior & Structure

Property type
Industrial
Year built
1941
Lot size
8,740 sq ft
Construction
CBSConcrete Block Structure, Block, Other

Parking

Covered spaces
0

HOA, Community & Financials

Security
Fenced, Other
Annual tax
$10,939
County
Miami-Dade
Days on market
338
MLS listing ID
A11900488
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,502

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.1%
Gross yield
6.6%
Mortgage payment
$7,490/mo
Down payment
$395,000
Loan amount
$1,185,000
Annual NOI
$71,853

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.