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Single Family Residence
$475,000$516 / sqft
21625 SW 109th Ave, Miami FL 33170
Listed
2
Bedrooms
1
Bathrooms
920 sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type
About this home
Seller Motivated and giving $12,000 towards buyer’s closing costs. Welcome to this versatile property featuring two separate buildings on an approximately 12,000 sq. ft. lot, offering exceptional flexibility for investors,homeowners or buyers looking for additional space and future potential. The main residence is a 2 bed/1 bath home featuring a newer kitchen, tile flooring and a functional layout. The second building is versatile space with significant potential for customization. While it does not currently function as a living area, it could potentially be converted or adapted for use as for an in-laws suite, guest space, home office, recreation room, hobby area, or additional living space, subject to permits, and approvals. Enjoy a large fenced backyard with an ample parking and room for a boat, RV, outdoor entertaining, or future expansion. Currently tenant occupied month-to-month, making it an attractive opportunity for investors or owner-occupants. No HOA or CDD. Conveniently located near major highways, shopping, dining, schools, and parks. Take advantage of this property’s space, flexibility, and potential and bring your vision and make this property your own. Property is tenant occupied. Please provide 24-hour notice for showings.
Features
- First Floor Entry
- Utility Room/Laundry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,402
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 163 active listings; the middle half ask $2,400–$3,600.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.