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512 SW 21st Ave
Miami, FL 33135
Land For Sale
·
0.23 AC
INVESTMENT HIGHLIGHTS
- 10,000 SF corner lot (100’ x 100’) in the heart of Little Havana
- Zoned T4-R, allowing townhomes or multifamily up to ±8 units by right
- Strong potential for 20–30+ units under Live Local Act (subject to affordability mix)
- Includes 2-story single-family home needing interior updates
- Live Local Act offers significant density, height, and parking reductions
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $950,000 | Lot Size | 0.23 AC |
| Price Per AC | $4,138,207.42 |
| Price | $950,000 |
| Price Per AC | $4,138,207.42 |
| Lot Size | 0.23 AC |
10,000 SF corner development site in Little Havana with 100 ft of frontage on SW 21st Ave and 100 ft on SW 5th St. Zoned T4-R, allowing up to 8 units by right and strong design flexibility for townhomes, boutique multifamily, or future Live Local Act
DESCRIPTION
Large 10,000 SF corner lot located in the heart of Little Havana, measuring 100 ft by 100 ft with dual street exposure. The property features a 2-story single-family home built in 1926 that requires interior renovation, along with a detached efficiency unit that includes its own bathroom—ideal for rental income, guest quarters, or added value through modernization. The site offers strong upside as a value-add purchase or as a redevelopment project under Miami 21 and the Live Local Act. Positioned minutes from Brickell, Downtown Miami, the Civic Center, and major employment hubs, the property benefits from strong rental demand and long-term appreciation potential.
