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Gated community home — 105, NE 111, 119 21 Street · Miami
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Open property magazine$13,000,000
105, NE 111, 119 21 Street, Miami, FL 33137
Miami, FL, 33137
— bd · — ba · 8,500 sqft
Listed by Fortune Christie's Intl R.E.
105, NE 111, 119 21 Street, Miami, FL 33137
Listed by Fortune Christie's Intl R.E.
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Estimated monthly payment
$94,524/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $94,524/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesPrime Edgewater Location: Strategically positioned in one of Miami's growing urban neighborhoods, surrounded by ongoing residential and commercial development.Three-Parcel Assemblage: Approximately 21,300 SF (0.49 acres) of land, offering potential redevelopment and investment flexibility.8,500 SF of Existing Improvements: Includes 4,000 SF of move-in-ready office space and 4,500 SF of functional warehouse space.Versatile Investment Opportunity: Suitable for investors, developers, and owner-users seeking a combination of existing improvements and potential future development.- **Secured Property with Parking:** Fully walled and gated compound featuring 18 parking spaces.Functional Warehouse Facilities: 20-foot ceilings, full-height overhead door, air-conditioned rooms, and loft storage.Move-In-Ready Office Space: Five private offices, conference room, showroom, kitchen/break room, and executive bathroom.Building Recertifications: Warehouse 10-year recertification completed in 2025; office recertification approved, pending issuance.Long-Term Redevelopment Potential:Three contiguous parcels offering potential flexibility for future development, subject to zoning and municipal approvals.Strategically positioned between Downtown Miami, Wynwood and the Design District, with convenient access to Biscayne Boulevard, I-95 and Miami’s major employment, dining and entertainment districts.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
185 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $94,524/mo
105, NE 111, 119 21 Street, Miami, FL 33137 · Miami
Location
105, NE 111, 119 21 Street, Miami, FL 33137
What buyers ask about this home
What are the estimated monthly carrying costs at 105, NE 111, 119 21 Street, Miami, FL 33137?+
Property tax (after sale): $21,653/month est.; homeowners insurance: $5,417/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $27,070/month est. Principal and interest: $67,454/month; PMI: $0/month. Total for the payment scenario shown: $94,524/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 105, NE 111, 119 21 Street, Miami, FL 33137?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 105, NE 111, 119 21 Street, Miami, FL 33137 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 105, NE 111, 119 21 Street, Miami, FL 33137?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 105, NE 111, 119 21 Street, Miami, FL 33137?+
This listing has been on the market 185 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Sports Leadership Arts Management Charter High School
High school · Charter · Grades 9–12 · Miami
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
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Simon Gedz
Realtor® since 1995
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