ActiveMLS# 11932676472 days on market
$1,425,000
$616 / sq ft
2967 SW 21st Street
Miami, FL, 33145
3Bedrooms
2Bathrooms
2,312Sq Ft
1936Year Built
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About This Property

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.

Key Features

  • 11,484 sq ft Lot
  • Built in 1936

Property Details

  • Type: Single Family Home
  • Year Built: 1936
  • Lot Size: 11,484 sq ft
  • Sq Ft: 2,312
  • Price / Sq Ft: $616
  • HOA: Contact Agent
  • Bedrooms: 3
  • Bathrooms: 2
  • Feature: 11,484 sq ft Lot
  • Feature: Built in 1936
  • Status: Active
  • MLS Number: 1193267647
  • Days on Market: 2
  • Listed By: LM Realty Group · Lucy Leanne Mangrum
  • Zip Code: 33145
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$1,425,0002967 SW 21st Street, Miami, FL
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