$1,375,000list price
Price cut$124,999
0 ba · 2,355 sq ft 2 to 4 units
1631 SW 21ST ST, MIAMI, FL 33145
Listing courtesy of Coldwell Banker Home Lovers Realty. MLS# A11963121.On the MLS · Listed Feb 9
$1,590,000
1997 SW 17TH CT, MIAMI, FL 33145
0 baths2,264 sq ft2 to 4 unitsBuilt 1940
Updated today, November 3, 2026This home against Shenandoah South
$702 per sq ft, 19% over the Shenandoah South median
65 days on the market
Price cut $209,000 since it was listed at $1,799,000
$17,232 in property taxes (2025)
Shenandoah South today: 28 homes for sale, median list price $1,267,500.
About this home
Investors, builders, and developers. Exceptional income-producing property situated on an oversized 9,243 square foot corner lot in Miami's desirable Shenandoah Coral Way area. Outstanding central Miami location near Coral Gables, Coral Way, Little Havana, Brickell, Downtown Miami, Miami International Airport, LoanDepot Park, and Miami Freedom Park. "Zoned Duplex" " Two separate, legally permitted detached residences on one lot. Front residence:4 bed, 3 bath, leased at $3,000 per month through March 2027. Rear residence:1 bed, 1 bath, leased at $1,800 per month month-to-month. Current combined gross rental income totals $4,800 per month or $57,600 annually, providing immediate cash flow while planning future redevelopment. Zoned T3-O with Duplex Residential Future Land Use, offering significant redevelopment potential, subject to City of Miami approval. Conceptual renderings for marketing purposes only illustrate one possible redevelopment with two substantial two-story residences and a shared private pool courtyard. "An exceptional opportunity to collect income today while planning tomorrow's redevelopment." Buyer and buyer's agent to verify zoning, permitted uses, development potential, setbacks, dimensions, and all governmental requirements. See Zoning Verificatio Letter in attachments.
Zoned schools
Elementary: Coral Way K-8 Center
Middle: Shenandoah Middle School
High: Miami Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Shenandoah Park, 0.1 mi
Grocery: Publix, 0.7 mi
Distances from the center of Shenandoah South, MIAMI.
Listing courtesy of GTR Realty, Inc.. MLS# A12084493.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 30, 2026.
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