512 SW 21st Ave

512 SW 21st Ave Miami 33135
3 bedrooms | 2 bathroom | 0 half bath | 2,712 sqft

$900,000

Property Details

MLS #
A11929864
Unit #
Address
512 SW 21ST AVE  map  
Bedrooms
3
Bathrooms
2
Living Area (f2)
2,712
Living Area (M2)
252
Lot Size (f2)
10,000
Year Built
1926
Waterfront
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
WEST SHENANDOAH A RESUB
Days On Market
60
Pool
Pets Allowed
N/A
Parking Spaces
0

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

Property Description

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.

Property Amenities

Equipment

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Electric Range
  • Refrigerator
  • Washer

Interior Features

  • First Floor Entry
  • Separate Guest/In-Law Quarters

Exterior Features

  • Lighting

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Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
01/13/2026 $480,000 $545,000 3 1
12/22/2025 $635,000 $649,900 3 2
12/22/2025 $460,000 $475,000 2 2
12/08/2025 $585,000 $600,000 2 1
12/01/2025 $450,000 $510,000 2 2
09/10/2025 $400,000 $560,000 2 1
08/25/2025 $370,000 $375,000 2 1
08/18/2025 $650,000 $649,995 3 2
08/13/2025 $3,000,000 $3,475,000 4 5

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®