512 SW 21st Ave, Miami, FL 33135

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 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 Miami’s most resilient neighborhoods.

Listing Status:

Active

Date Added:

December 12, 2025 at 06:00AM

Listing Office:

Synergy Realty Advisors : 786-536-7287

Listing Agent:

Andros Sarduy : 305-297-3557

MLS ID:

A11929976

Exterior

• General: Livable

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 39003 54 41 WEST SHENANDOAH A RESUB PB 15-30 LOT 1 & 2 LOT SIZE 10000 SQUARE FEET OR 15987-1412 0793 101-41-03-019-0010
• Current Use: Multi-FamilyCheck Land Use Plan

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Andros Sarduy, Synergy Realty Advisors