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4840 NW 27th Ave, Miami, Florida 33142

Active For Sale
$1,300,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 4 in 60 days

Description

RARE INVESTMENT OPPURTNITY with a prime location at 27th Ave! This building offers 4 residential units upstairs, all of which are 1 bedroom and 1 bath, while the first floor has three commercial spots, ideally suited for General Retail or Personal Services. This location ensures consistent foot traffic and customer engagement. The building has also recently been repainted AND repaired roof, parking lots, lighting, air maintenance, and electricity. ALL RESIDENTIAL UNITS ARE LEASED, and so is one of the three retail units. With a projected CAP RATE of 8.2% this building is standout choice for Investors looking to capitalize in Miami’s dynamic market!

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Zipcode: 33142
  • Street: 27th Ave
  • Street Number: 4840
  • Floor Number: 0
  • Longitude: W81° 45′ 32.7”
  • Latitude: N25° 49′ 8.7”
  • Street Dir Prefix: NW
  • MLS Area: 31

MLS Addon

  • Architectural Style: Detached
  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Levels: Two
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories: 2
  • Tax Annual Amount: $8,449
  • Tax Year: 2023

Location

Listing Updated: 2024-05-08 04:25:41

  • Property Type : Commercial Sale
  • Property Sub Type : Mixed Use
  • Listing Type : For Sale
  • Listing ID : A11582298
  • Price : $1,300,000
  • View : Lake
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1954
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 59
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