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1851 SW 21st Ter, Miami FL 33145
About this home
Homes like this don't come around often! Nestled in the heart of Shenandoah, this charming 2-bedroom, 1-bath home is full of character, featuring beautiful hardwood floors, vaulted wood-beamed ceilings, spacious living and dining areas, and a versatile large room that's perfect for a home office, playroom, gym, guest space, or den. The lushly landscaped 6,500 SF lot offers plenty of room to relax or entertain. Recent updates include a repaired roof and a new water heater for added peace of mind. Ideally located just minutes from Brickell, Coral Gables, Coconut Grove, and Downtown Miami, this is a rare opportunity to own a classic Miami home in one of Miami's most desirable neighborhoods.
Features
- First Floor Entry
- Great Room
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,040
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.