2967 SW 21st St, Miami FL 33145 | Miami-Dade County | A12107063
  • $1,425,000

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 single-family home at 2967 SW 21st St in Miami offers 2,312 square feet of living space with three bedrooms and two full baths. The residence sits on a 11,484 square foot fenced lot within the Millerdale subdivision, featuring a free-standing second-story apartment that includes one bedroom, one bathroom, a laundry area, storage space, and a separate electric meter. The property is zoned T3-O Suburban, which permits single-family or two-family construction up to two stories, with a maximum height of 25 feet to the eave. The listing is priced at $1,425,000 and is described as having modern updates throughout the main structure. This configuration supports various uses, from immediate rental income to potential redevelopment, given the local zoning allowances. For specific details regarding the property’s condition or financial structure, contact Miami Beach Brokers at 305-859-4733.

Frequently Asked Questions

What is the size and zoning of the lot for 2967 SW 21st St?

The property is located on an 11,484 square foot fenced lot. It is zoned T3-O Suburban, which allows for single-family or two-family (duplex) construction up to two stories, with a maximum height of 25 feet to the eave.

Does the property include additional living space besides the main house?

Yes, the property includes a free-standing, one-bedroom, one-bathroom second-story apartment. This separate unit features a laundry room, storage space, and its own electric meter.

What are the interior details of the main residence?

The main residence is a 1936 single-family home featuring three bedrooms and two full baths. The interior has undergone modern updates throughout.

What development potential does the zoning offer?

Because the lot is zoned T3-O Suburban, it allows for the construction of a duplex or other two-family structure. This provides the option to redevelop the site for increased cash flow or expand the existing footprint, in addition to its current configuration.

What is the asking price and living area of the main home?

The asking price for the property is $1,425,000. The main residence has a living area of 2,312 square feet.

Monthly Fees & Carrying Costs

  • Membership Required: No

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

Details

Updated on October 19, 2026 at 7:37 pm
  • Property ID A12107063
  • Price $1,425,000
  • Property Size 2312 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 2
  • Year Built 1936
  • Property Status Active, Residential

Additional details

  • View Garden
  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Wood
  • High School Coral Gables
  • Building MILLERDALE
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional, FHA, VA Loan
  • Area Millerdale
  • Waterfront No
  • Association No
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style R30-No Pool/No Water
  • Private Pool No
  • Structure Type R30-No Pool/No Water, House
  • Parking Driveway, On Street
  • Subdivision MILLERDALE
  • Annual Tax 14875
  • Elementary School Silver Bluff
  • Year Built Details Effective Year Built
  • Building Area 2799
  • Lot Size (Sq Ft) 11484
  • Flood Zone X
  • New Construction No
  • Attached Yes
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Restrictions Ok To Lease
  • Middle School Ponce De Leon
  • Construction Frame
  • Pets Allowed Yes
  • Patio / Porch Screened Porch
  • Association Type None
  • Membership Purchase Required No

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