1038 NW 21 TER, Miami, FL 33127

Parcel: 0131260530410 · Light Manufacturing · Light Mfg & Food Processing · Zoning: 7700

Assessed Value (2025)
$4,734,000

Property Details

Living Sqft
29,790
Year Built
1926
Lot Sqft
36,042
Stories
1
LIGHT MANUFACTURING : LIGHT MFG & FOOD PROCESSING

Sales History

1
$1,000,000
2012-05-11
INDUSTRIAL WIPING RAG CO INCKELLY COLLEEN FUHRMAN TRS
2
$790,400-21%
2018-05-25
JEFFREY NEWMAN TRSHAWKINS PARK PROPERTIES LLC
3
$31,750,000+3917%
2022-03-18
HAWKINS PARK PROPERTIES LLCTYG DEVELOPMENT LLC

Tax Assessment History

$4,734,000
Assessed (2025)
$4,734,000
Market Value
$4,734,000
Taxable Value
$96,380
Annual Tax
2024
$5,359,200
$6,231,000
2025
$4,734,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,734,000 $4,734,000 $4,734,000 $96,380
2024 $5,359,200 $6,231,000 $5,359,200 $109,109

About 1038 NW 21 TER, Miami, FL 33127

1038 NW 21 TER, Miami, FL 33127 is a light manufacturing : light mfg & food processing built in 1926 with 29,790 square feet of living space on a 36,042 square foot lot. The property is currently owned by TYG DEVELOPMENT LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-03-18 for $31,750,000, when HAWKINS PARK PROPERTIES LLC sold to TYG DEVELOPMENT LLC. The property has appreciated $30,959,600 (3917%) since the prior sale of $790,400 on 2018-05-25. There are 3 recorded sales for this property.

The 2025 assessed value is $4,734,000 with a market value of $4,734,000. This breaks down to $2,883,360 for the land and $1,850,640 for the building. The assessed value decreased 12% from $5,359,200 in 2024.

The median household income in this area is $42,875, and the median home value is $356,800. The population density is 9,385 people per square mile. 1038 NW 21 TER, Miami, FL 33127 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2012 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 15% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1066 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

TYG DEVELOPMENT LLC
3404 NW 7 AVE, MIAMI, FL, 33127
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$57,208 — $104,948
Flood $400 — $800
Property/Wind $56,808 — $104,148

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$42,875
Median Home Value$356,800
Pop. Density9,385/sq mi

Neighborhood 33127

32.7%
Owner-Occ
67.3%
Investor
303
Flips (4yr)
5,843
New Biz (3yr)
Distress Risk
ELEVATED
44
View full risk analysis →
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