West Shenandoah, 512 SW 21st Ave
0.23
Acre
Status
Active
Size
0.23 Acres (929 m2)
Price
$3,804,348/Acre ($942/m2)
Type
Land
MLS Number
A11929976
On Site
135 Days
Updated
24 Days ago
Page Views
0
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, al... Read more
Features
All features
- Property SqFt: 10000
- Remarks: 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.
- Internet Remarks: 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.
- Waterfront: No info
- Directions: East
- Days on Market: 111
- Compass Point: SW
- Office Name: Synergy Realty Advisors
- Area: 10000
- Taxes: 3892
- Tax Year: 2025
- Listing Date: 2025-12-12T15:45:57.000-00:00
- Lot Size Square Feet: 10000
Apples-to-Apples Comparables
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Price History
04/02/2026
Date
Price Reduced
Event
$875K
Price
-2.78%
Change Rate
$88 ft2 / $942 m2
Price Per
01/23/2026
Date
Price Reduced
Event
$900K
Price
-5.26%
Change Rate
$90 ft2 / $969 m2
Price Per
12/12/2025
Date
Listed
Event
$950K
Price
$95 ft2 / $1,023 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Andros Sarduy • Synergy Realty Advisors • Buyer Agency Compensation .
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