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1780 NW 21st Ter 0.16 Acres of Industrial Land Offered at $1,250,000 in Miami, FL 33142
Executive Summary
This 7,000 SF industrial footprint in Allapattah offers a rare combination of D2 Heavy Industrial zoning and a legally non-conforming residential duplex. Situated within a Qualified Opportunity Zone (QOZ), the asset provides significant federal tax incentives for strategic investors. The property is currently optimized for immediate industrial utility, featuring a fully secured and gated perimeter with five steel storage containers included in the sale.
To facilitate a streamlined acquisition, the seller is offering interest-only financing terms, bypassing traditional institutional debt hurdles and maximizing buyer cash flow. The existing duplex serves as a vital financial hedge, generating rental revenue that effectively offsets property taxes and insurance premiums. This is an ideal play for an owner-user or developer seeking high-intensity industrial land in a supply-constrained Miami corridor. Property is offered strictly "AS-IS, WHERE-IS" for land value.
To facilitate a streamlined acquisition, the seller is offering interest-only financing terms, bypassing traditional institutional debt hurdles and maximizing buyer cash flow. The existing duplex serves as a vital financial hedge, generating rental revenue that effectively offsets property taxes and insurance premiums. This is an ideal play for an owner-user or developer seeking high-intensity industrial land in a supply-constrained Miami corridor. Property is offered strictly "AS-IS, WHERE-IS" for land value.
Property Facts
| Price | $1,250,000 | Proposed Use | Industrial |
| Sale Type | Investment | Total Lot Size | 0.16 AC |
| No. Lots | 1 | Year Built | 1939 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | 7700 - D2 Heavy Industrial (Miami): Allows heavy storage and fleet ops. Includes grandfathered duplex income. | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 0.16 AC |
| Year Built | 1939 |
| Opportunity Zone |
Yes |
| Zoning | 7700 - D2 Heavy Industrial (Miami): Allows heavy storage and fleet ops. Includes grandfathered duplex income. |
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 0.16 AC |
| Price Per AC | $7,812,500.00 |
| Price | $1,250,000 |
| Price Per AC | $7,812,500.00 |
| Lot Size | 0.16 AC |
This 7,000 SF industrial footprint in Allapattah offers a rare combination of D2 Heavy Industrial zoning and a legally non-conforming residential duplex.
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
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1780 NW 21st Ter
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