REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment /mo
New
512 SW 21st Ave Miami, FL 33135
10,001 Sqft Lot
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 and the Live Local Act. 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 or pursue mid-rise density (20–30+ units) with Live Local Act incentives tied to the tallest nearby residential zoning. 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
Listed by Synergy Realty Advisors
GET MORE INFORMATION
QUICK SEARCH