2967 21 St, Miami FL 33145 | Miami-Dade County | A12115015
  • $1,300,000

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 Overview

This 1936 duplex at 2967 21 St in Miami is listed for $1,300,000. The main residence contains 2,312 square feet of living space with three bedrooms and two baths. A separate one-bedroom, one-bathroom apartment occupies the second story of a free-standing structure, equipped with its own laundry room, storage area, and electric meter. The property sits on an 11,484-square-foot fenced lot within the Millerdale subdivision. The site is zoned T3-O Suburban, which permits single-family or two-family construction up to two stories with a maximum eave height of 25 feet. This zoning allows for the expansion of the existing footprint or redevelopment into a duplex to increase rental income. The home features modern updates throughout the interior. Buyers can consider holding the property as a turnkey rental, expanding the current structure, or redeveloping it for higher cash flow.

Frequently Asked Questions

How much living space and land does the property include?

The property includes 2,312 square feet of living area on a fenced lot that measures 11,484 square feet.

What is the layout of the second-story apartment?

The second story is a free-standing apartment that includes one bedroom, one bathroom, a laundry room, and ample storage. It also has its own electric meter.

When was the building constructed?

The building was constructed in 1936.

What are the current bedroom and bathroom counts?

The main residence is described as a 3-bedroom, 2-bath home, and the second story includes a separate 1-bedroom, 1-bath apartment.

What is the listed price for the sale?

The property is listed for sale at $1,300,000.

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This listing is courtesy of LM Realty Group.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 21 St
  • City: Miami
  • Zip/Postal Code: 33145

Details

Updated on November 2, 2026 at 4:45 am
  • Property ID A12115015
  • Price $1,300,000
  • Property Size 2312 Sq Ft
  • Year Built 1936
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Tile, Wood
  • Building MILLERDALE
  • Listing Terms All Cash, Conventional, FHA-Va Approved, VA Loan
  • Area Millerdale
  • Total Stories 2
  • Waterfront No
  • Association No
  • Style Duplex
  • Private Pool No
  • Structure Type Duplex
  • Subdivision MILLERDALE
  • Annual Tax 14875
  • Year Built Details Effective Year Built
  • Building Area 2799
  • Lot Size (Sq Ft) 0
  • Flood Zone X
  • New Construction No
  • Construction Frame
  • Patio / Porch Screened Porch
  • Association Type None

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