4840 NW 27th Ave Active

Miami,FL 33142

$ 1300000

- Bed

0 Bath

5640 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,640 sqft

Price per Sqft $230

MLS Listing ID A11582298

Style Detached

HOA Y/N No

Year Built 1954

Annual Tax Amount $8,449

Tax Year 2023

Lot Size 8,924 Sqft

Property 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 AND COMMERCIAL UNITS ARE LEASED. With a projected CAP RATE of 7.8% this building is standout choice for Investors looking to capitalize in Miami's dynamic market! (Routine 40 Yr inspection is completed)

Location

State FL

County Miami-dade

Area 31

Exterior

Roof Type Composition

Total Parking Spaces 15

Building

Story 2

Water Public

Architectural Style Detached

Level or Stories Two

Structure Type Block

Others

Tax ID 30-31-21-023-0200

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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