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1631 SW 21st St, Miami, FL, 33145

4beds
3baths
2,355sqft
$1,499,999
$637price/sqft
$10,738/moest. monthly cost
$429,520/yrincome needed

About This Home

Turnkey Income-Producing Triplex, a prime investment opportunity in the highly desirable Shenandoah neighborhood, just off Coral Way and minutes from Coral Gables, Brickell, Coconut Grove, and The Underline. This fully remodeled triplex sits in the heart of one of Miami’s most active and sought-after areas. The property features a spacious 3 bed/2 bath main house, a 1 bed/1 bath apartment, and a studio. Ideal for investors or owner-occupants. Major upgrades include a new roof on the main house (Nov 2021) and on the apartment and studio (Oct 2023), new A/C ducts and vents (2023), new attic insulation (2024), and brand-new kitchen appliances in the main house and 1/1 apartment (which features its own indoor washer/dryer connection). Turnkey, updated, and income-producing in a prime location.

Getting Around

82
WalkingVery Walkable
57
TransitGood Transit
62
BikeBikeable

Schools

8/10
Coral Way K-8 CenterGrades PK-80.2 mi
5/10
Miami Senior High SchoolGrades 9-121.6 mi
5/10
Shenandoah Middle SchoolGrades 6-80.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1940

Materials

  • Roof: Barrel Roof
  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Features

  • Flooring: Ceramic Tile,Other,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,371
  • Total interior livable area: 2,355 sqft

Property

Details

  • Parcel number: 0141110120090
  • Zoning: 5700

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$278$3,336
Property Taxes $2,639$31,668
Electricity $237$2,844
Total$10,738$128,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$368,160/yr
40% on housing$322,140/yr
45% on housing$286,346/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$637This listing

vs Other Active Listings

Avg $/sqft

ZIP 33145$490
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33145$567
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-11Listed for sale$1,499,999

For Sale by Agent

AgentForrest Lens
BrokerageColdwell Banker Home Lovers Realty

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