512 SW 21st Ave, Miami, FL 33135

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512 SW 21st Ave,Miami, FL 33135
$950,000
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  • 0.23 Acres
  • Lots / Land
  • Active
Listed by: andros sarduy, giovanni vasquez
Office: synergy realty advisors
MLS#:A11929976
Source:SEFMLS

Price summary

  • Price:$950,000

About this 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

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Home facts

  • Listing ID #:A11929976
  • Updated:December 14, 2025 at 11:01 AM

Structure and exterior

  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$950,000
  • Tax amount:$3,892 (2025)
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