About this home

Prime development opportunity in the heart of Miami's urban core. 100-118 NE 21st Street is a 28,261 SF (0.65-acre) assemblage zoned T6-8-O, allowing for high-density mixed-use development in one of the city's most active growth corridors. By right, the site supports approximately 97 residential units within an 8-story envelope and up to +/-141,325 buildable SF (5.0 FAR), expandable to +/-176,656 SF (6.25 FAR) through public benefits. The property is also eligible under Florida's Live Local Act, providing the potential for significantly increased density, with conceptual plans ranging from 154 to 253 units and theoretical maximum density up to 648 units, subject to design and compliance. Ground-floor retail activation is supported, making this an ideal mixed-use opportunity. Located between Edgewater, Wynwood, Midtown, and the Design District, the site offers walkable access to major employment, retail, and lifestyle amenities, with immediate connectivity to I-95, Downtown, Brickell, and Miami Beach. Positioned within a Qualified Opportunity Zone and enrolled in Miami-Dade County's Brownfield Program, the property offers additional tax advantages and development incentives.

Property details

Price: $7,495,000
Bedrooms: 0
Bathrooms: 0
Lot size: 28,314 sqft
Type: Land
Days on market: 19
Est. property tax: $64,457/yr · $5,371/mo · 0.86% FL avg
Last sold: $4,500,000 · Jan 2021

Virtual tour

Estimated monthly payment

Down payment20% ($1,499,000)

Interest rate6.75%

Principal & Interest$38,890

Property Tax$6,870

Insurance$150

Total$45,910/mo

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Price history

$362K · Jun 99$7.50M · Apr 26

Apr 7, 2026$7,495,000Initial list price
Oct 1, 2025$7,450,000Price change
Jun 3, 2025$7,950,000Price change
Jan 3, 2025$8,450,000Price change
Oct 23, 2024$8,500,000Price change
Jul 31, 2024$9,500,000Initial list price
Jan 26, 2021$4,500,000Sold
Jun 23, 1999$362,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

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Home Intelligence

Neighborhood (zip 33137)

This neighborhood is primarily renter-occupied (26% owner-occupied). Median age is 34.3; 28% hold a bachelor's degree; median household income is $71,348.

Median income: $71,348
Median age: 34.3
Owner-occupied: 26.3%
Bachelor's degree: 28.3%
Census median home value: $462,200

Source: US Census Bureau American Community Survey 5-year estimates.