512 SW 21st Ave, Miami, FL 33135
512 SW 21st Ave, Miami, FL 33135
512 SW 21st Ave, Miami, FL 33135
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$875,000
Est. payment /mo
10,001 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision West Shenandoah A Resub

MLS Listing ID A11929976

HOA Y/N No

Annual Tax Amount $3,892

Tax Year 2025

Lot Size 10,001 Sqft

Acres 0.2296

Property Sub-Type Residential

Property Description

512 SW 21st Ave offers a rare dual-use opportunity in Little Havana: renovate the existing single-family home plus detached efficiency, or redevelop the 10,000 SF corner lot under Miami 21 to build 8 units. The main 2-story 1926 home needs interior updates, allowing a value-add investor or homeowner to create significant equity. The second structure functions as an efficiency with its own bathroom—ideal for rental income or guest use. Developers can build 8 units by right under T4-R. The lot's 100' x 100' layout allows excellent design flexibility for townhomes or boutique multifamily. Investors can renovate both buildings for dual income while holding the land for future development. With strong rental demand and proximity to Brickell, Coral Gables, and the Civic Center, this property offers versatility, appreciation potential, and long-term value in one of Miami's most resilient neighborhoods.

Location

State FL

County Miami-dade

Community West Shenandoah A Resub

Area 41

Exterior

Private Pool Yes

Building

Faces East

Others

Tax ID 01-41-03-019-0010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929976

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Synergy Realty Advisors

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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512 SW 21st Ave