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.
Listing Provided Courtesy of LM Realty Group at 305-746-4838
Property Details
Price:
$1,425,000
MLS #:
A12107063
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MILLERDALE
Neighborhood:
2410
Listed Date:
Oct 15, 2026
Finished Sq Ft:
2,312
Total Sq Ft:
2,799
Lot Size:
500,243,040 sqft / 0.26 acres (approx)
Year Built:
1936
See this Listing
Schools
Elementary School:
Silver Bluff
Middle School:
Ponce De Leon
High School:
Coral Gables
Interior
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Wood
Heating
Central
Interior Features
Built-in Features, Pantry
Exterior
Association Amenities
None
Construction Materials
Frame
Direction Faces
Southeast
Fencing
Fenced
Lot Features
Fruit Tree(s), Irregular Lot, Room for Pool
Parking Features
Driveway, On Street
Patio And Porch Features
Porch – Screened, Porch
Roof
Shingle
Security Features
Smoke Detector(s)
View
Garden
Window Features
Blinds
Financial
Tax Year
2025
Taxes
$14,875
Map
Community
- Address2967 SW 21st Street Miami FL
- SubdivisionMILLERDALE
- CityMiami
- CountyMiami-Dade
- Zip Code33145
Market Summary
Current real estate data for Single Family in Miami as of Oct 30, 2026
2,942
Single Family Listed
88
Avg DOM
563
Avg $ / SqFt
$1,443,067
Avg List Price
Property Summary
- Located in the MILLERDALE subdivision, 2967 SW 21st Street Miami FL is a Single Family for sale in Miami, FL, 33145. It is listed for $1,425,000 and features 3 beds, 2 baths, and has approximately 2,312 square feet of living space, and was originally constructed in 1936. The current price per square foot is $616. The average price per square foot for Single Family listings in Miami is $563. The average listing price for Single Family in Miami is $1,443,067.
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