West Shenandoah, 512 SW 21st Ave

Beds
0.23
Acre
$3,478,261
$/Acre
Entry-Level LandProperty Type
0.23 AcresLot Size
$3,478,261/AcrePrice per acre
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.
Listing Courtesy Of: Synergy Realty Advisors
Local Realty Services Provided By: Best of Luxury Realty
On Site: 330 DaysUpdated: 71 Days agoPage Views: 0

Features

MLS Number: A11929976
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: 175
  • Closing Date: 2026-06-22
  • 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

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Price History

Current
$800K
High
$950K
Low
$800K
Total Change
-15.8%
$968K$875K$782KDec 25Jan 26Apr 26Apr 26Apr 26Jun 26Apr 26Jun 26
Date
Event
Price
Change
Price Per
06/22/2026
Sold
$800K
0%
$80 ft2
$861 m2
04/02/2026
Price Reduced
$800K
0%
$80 ft2
$861 m2
06/22/2026
Price Reduced
$800K
0%
$80 ft2
$861 m2
04/02/2026
Price Reduced
$800K
-8.57%
$80 ft2
$861 m2
04/02/2026
Price Reduced
$875K
0%
$88 ft2
$942 m2
04/02/2026
Price Reduced
$875K
-2.78%
$88 ft2
$942 m2
01/23/2026
Price Reduced
$900K
-5.26%
$90 ft2
$969 m2
12/12/2025
Listed
$950K
 
$95 ft2
$1,023 m2
06/22/2026
$800K
Event
Sold
Change
0%
Price Per
$80 ft2
$861 m2
04/02/2026
$800K
Event
Price Reduced
Change
0%
Price Per
$80 ft2
$861 m2
06/22/2026
$800K
Event
Price Reduced
Change
0%
Price Per
$80 ft2
$861 m2
04/02/2026
$800K
Event
Price Reduced
Change
-8.57%
Price Per
$80 ft2
$861 m2
04/02/2026
$875K
Event
Price Reduced
Change
0%
Price Per
$88 ft2
$942 m2
04/02/2026
$875K
Event
Price Reduced
Change
-2.78%
Price Per
$88 ft2
$942 m2
01/23/2026
$900K
Event
Price Reduced
Change
-5.26%
Price Per
$90 ft2
$969 m2
12/12/2025
$950K
Event
Listed
Price Per
$95 ft2
$1,023 m2
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 .
Community Snapshot
4 – 4 BR
Bedrooms
$789K – $895K
Price Tier
920 - 3,928
SqFt Range
1940
Year Build
1
Total Floors

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