For Sale
$2,200,000

773-775 21St TerMiami, FL 33127

Miami Retail Property - High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,480 square foot retail property, built in 2016, is situated on an expansive 11,432 square foot lot in Miami's rapidly developing Allapattah neighborhood (zip code 33127). Located at 773-775 NW 21st Terrace, this single-building property is zoned D2, presenting a unique investment opportunity with significant upside potential. The property's strategic location offers easy access to major highways and public transportation, placing it at the nexus of Miami's most dynamic and rapidly evolving areas, including Wynwood and the Design District. Allapattah's burgeoning growth presents a compelling investment case, offering a more accessible and dynamic landscape compared to the already established Wynwood market. This property is ideally suited for a variety of uses, from state-of-the-art commercial space to a vibrant retail or art destination. The asking price is $2,200,000. This is a chance to be part of Allapattah's economic renaissance and contribute to the neighborhood's transformative growth. The property's size and zoning provide flexibility for a wide range of development possibilities, making it an attractive investment for those seeking to capitalize on Miami's dynamic real estate market. The property's prime location and the potential for significant appreciation make this a truly exceptional investment opportunity.

Highlights

  • Prime Allapattah investment opportunity at 773 NW 21 Terrace, offering significant upside potential.
  • Allapattah presents a more affordable and dynamic investment landscape than the saturated Wynwood market.
  • 773 NW 21 Terrace is a versatile property suitable for commercial, residential, retail, or art uses.
  • Exceptional location provides easy access to major highways, public transit, and thriving Miami neighborhoods like Wynwood and the Design District.

Property Details for 773-775 21St Ter

Property type
Specialty properties, Retail properties
Square Feet
1,480 SF
Year Built
2016
Buildings
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7972051
Longitude
-80.2084595
773-775 21St Ter, Miami, Florida

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773-775 21St Ter
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