Miami, FL

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.3 Acres

Financials

Price:$2,900,000
Annual Taxes:$24,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Real Broker LLC

Two building, five unit multi family package in Gables Manor Coral Way.

Description

Two-building, five-unit multi-family package in Gables Manor / Coral Way. 3711 and 3721 SW 27th Terrace, Miami, sold together. Combined living area 3,980 SqFt. Combined lot 13,722 SqFt. Actual rent $189,600 per year. Expenses $48,200. NOI $141,400. Cap rate 4.88% at $2,9mn. 3711 is a 2-story, 2,428 Sqft, 3-unit income property with a pool. 3721 is a 2-story, 1,552 Sqft duplex. Approximately 9 On-site parking. Cash or conventional. Close to Coral Way, Coral Gables, dining, and major highways. Request the offering memo.

Amenities

  • Cable - Available
  • Carbon Monoxide Detectors
  • Electricity Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.