2967 SW 21st Street, Miami, FL 33145
- $1,425,000
Description
Investor Opportunity – Updated Old Florida Charmer on Oversized Buildable Lot with Duplex Zoning. Prime investment potential in one of Miami’s most desirable neighborhoods. This fully updated 3-bedroom, 2-bath sits on an expansive 11, 484 sq ft fenced lot, offering both immediate rental value and long-term development upside. Property features a free standing 1 bedroom/1 bathroom second story apartment with laundry room, ample storage and its own electric meter. The property is zoned T3-O Suburban, allowing single-family or two-family (duplex) construction with up to 2 stories (25′ max to the eave)—a rare zoning advantage in this area. Whether you’re looking to hold as a turnkey rental, expand the existing footprint, or redevelop into a duplex for increased cash flow, the possibilities are strong. The home features modern updates throughout, while the lot provides exceptional privacy with lush landscaping and mature tropical fruit trees. The oversized parcel offers ample space for future additions, ADU potential, or a complete redevelopment strategy. Located in a high-demand, centrally positioned neighborhood, this property combines charm, privacy, and significant upside—ideal for investors seeking flexibility, appreciation, and multiple exit strategies. Main house currently rented at $3700/mo and 1/1 unit at $2000/mo.
Address
Open on Google Maps- Address: 2967 SW 21st Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33145
Details
Updated on October 19, 2026 at 5:35 pm- MLS # A12107063
- Price $1,425,000
- Property Size 2799 sqft
- Land Area 0.26 sqft
- Bedrooms 3
- Bathrooms 2
- Garage Size x x
- Year Built 1936
- Property Status Active
- Office Name LM Realty Group
- Agent Name Lucy Leanne Mangrum
Additional Details
- Listing Terms Cash, Conventional, FHA, VA Loan
- Roof Shingle
- Sewer Public Sewer
- Cooling Central Air
- Heating Central
- Flooring Wood
- County Miami-Dade
- Property Type Residential
- Parking Driveway, On Street
- Elementary School Silver Bluff
- Middle School Ponce De Leon
- High School Coral Gables
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