Basic Information

  • MLS # A11582298
  • Type Commercial
  • Status Active
  • Subdivision/Complex
  • Year Built 1954
  • Total Sqft 8,924
  • Date Listed 05/07/2024
  • Days on Market 128
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 Miamis dynamic market! Routine 40 Yr inspection is in process

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Detached
  • Parking Spaces 0
  • Parking Description
  • Roof Description Composition
  • Style Mixed Use

Interior Features

  • Adjusted Sqft 8,924
  • Sqft 8,924

Property Features

  • Address 4840 N W27th Ave
  • Aprox. Lot Size 8,924
  • Architectural Style Detached
  • City Miami
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Occupant Type CallAgent
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 30
  • Roof Composition
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $8,449
  • Tax Information AMD PL OF BROWNS SUB PB 5-98 N45FT OF S104.06FT OF LOT 11 LESS ST N52FT OF LOT 11 LESS E20FT FOR ST BLK 1 LOT SIZE 97.000 X 92 OR 13874-04
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Mixed Use
  • Water Source Public

4840 NW 27th Ave

Miami, FL 33142

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