855.725.5890
Address4840 Nw 27Th Ave, Miami, FL, 33142-3531
Price$1,300,000
- Commercial Sale
- Built in 1954
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! (Routine 40 Yr inspection is in process)
Essential Information
- MLS® #A11582298
- Price$1,300,000
- Bathrooms0.00
- Acres0.00
- Year Built1954
- TypeCommercial Sale
- Sub-TypeMixed
- StyleDetached
- StatusActive
Community Information
- Address4840 Nw 27Th Ave
- Area31
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33142-3531
Interior
- # of Stories2
- StoriesTwo
Exterior
- RoofComposition
- ConstructionBlock
Additional Information
- Date ListedMay 7th, 2024
- Days on Website62
Listing Details
- OfficeColdwell Banker Realty
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