2967 Sw 21st St, Miami, FL 33145

$1,425,000
3
BD
2
BA
2,312
SqFt

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List Price
$1,425,000
MLS#
A12107063
Subdivision
Millerdale
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
2
Living Area
2,312

Property Description

Investor Opportunity – Updated Old Florida Charmer on Oversized Buildable Lot with Duplex Zoning. Prime investment potential in one of Miami’s most desirable neighborhoods. This fully updated 3-bedroom, 2-bath sits on an expansive 11,484 sq ft fenced lot, offering both immediate rental value and long-term development upside. Property features a free standing 1 bedroom/1 bathroom second story apartment with laundry room, ample storage and its own electric meter. The property is zoned T3-O Suburban, allowing single-family or two-family (duplex) construction with up to 2 stories (25' max to the eave)—a rare zoning advantage in this area. Whether you’re looking to hold as a turnkey rental, expand the existing footprint, or redevelop into a duplex for increased cash flow, the possibilities are strong. The home features modern updates throughout, while the lot provides exceptional privacy with lush landscaping and mature tropical fruit trees. The oversized parcel offers ample space for future additions, ADU potential, or a complete redevelopment strategy. Located in a high-demand, centrally positioned neighborhood, this property combines charm, privacy, and significant upside—ideal for investors seeking flexibility, appreciation, and multiple exit strategies. Main house currently rented at $3700/mo and 1/1 unit at $2000/mo.

Additional Information

Days on Market
1
View
Garden
Tax Amount
$14,875
Parcel Number
01-41-09-039-0200
Bedroom Description
At Least 1 Bedroom Ground Level
Front Exposure
Southeast
Lot Size
11,484
Exterior Features
Fruit Trees, Room For Pool
Parking Restrictions
Driveway, On Street
Address
2967 Sw 21st St, Miami
Elementary School
Silver Bluff
SqFt Liv Area
2,312
Year Built
1936
Design
Detached, Half Duplex, Patio/Zero Lot
Development Name
Millerdale
Style
R30-No Pool/No Water, House
Middle School
Ponce De Leon
Senior High School
Coral Gables
Restrictions
Ok To Lease
Construction Type
Frame
Interior Features
First Floor Entry, Built-in Features, French Doors, Pantry, Garage Apartment, Utility Room/Laundry
Section
9

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Listing Courtesy of LM Realty Group, Contact: