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512 SW 21st Ave, Home For Sale

512 SW 21st Ave, Miami, FL 33135

Price: $950,000 | 3,310 s.f. | 3 Beds | 2 Baths

 

Property Information 512 SW 21st Ave

Listing Price: $950,000
Price per Square Foot: $350.29/s.f.
Beds: 3
Baths: 2
Interior Space: 2,712 s.f. (252.0 m²)
Total Size: 3,310 s.f. (307.5 m²)
Lot Size: 10,000 s.f.
Taxes (2025): $3,892
Reference: A11929864
 

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Description of 512 SW 21st Ave

Description of Home

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.

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The MLS data provided for the property above (MLS#A11929864) is provided courtesy of Synergy Realty Advisors. Source: Southeast Florida MLS. Data updated 12/14/2025. Information is deemed reliable but not guaranteed. Copyright © 2025. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
 

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