Live Listing

2967 SW 21st Street

Miami, FL 33145 MILLERDALE

List Price $1,425,000
PROPERTY DESCRIPTION

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.

PROPERTY DETAILS

Property Details

Listing Information

MLS ID
A12107063
Listing Status
Active
Property Type
Single Family Residence
Bedrooms
3
Bathrooms
2
Living Area
2,312 sq ft
Lot Size
11,484 sq ft
Year Built
1936
Community
MILLERDALE
County
Miami-Dade

Property Features

Interior Features
Built-in Features, Pantry
Appliances
Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Parking
Driveway, On Street
Waterfront
False
Lot Features
Irregular Lot, Fruit Tree(s), Room for Pool
View
Garden
Property Tax
$14,875 (2025)
Evelyn Yang South Florida Real Estate
Evelyn Yang 561.972.3158
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