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!
Property Details
Price:
$1,300,000
MLS #:
A11582298
Status:
Active
Beds:
0
Baths:
0
Address:
4840 NW 27th Ave
Type:
Commercial
Subtype:
Mixed Use
City:
Miami
Listed Date:
May 7, 2024
State:
FL
Finished Sq Ft:
5,640
ZIP:
33142
Year Built:
1954
See this Listing
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Schools
Interior
Exterior
Construction Materials
C B S Construction
Parking Spots
15
Roof
Composition Roll
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$8,449
Map
Community
- Address4840 NW 27th Ave Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33142
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