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Offered at $2,900,000Active
beds
—
baths
0
sq ft
3,980
Built
1947

3711 SW 27th Terrace

Miami, FL

About this home

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.

Listing last checked: Listing updated:

Listed by Richard M DiPietro · Real Broker LLC · MLS #B26081463

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Details at a glance

Interior3 property facts
Heating
Central, Electric, Separate Meters
Cooling
Central Air, ENERGY STAR Qualified Equipment
Flooring
Tile
Building4 property facts
Style
Multi Family
Year built
1947
Parking
9
Roof
Shingle, Tile
Land & utilities4 property facts
Lot size
0.32 acres
Water
Public
Sewer
Public Sewer
Zoning
5700
Financial2 property facts
Annual taxes
$24,000
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $2,900,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$16,664 / monthAdjust
Principal & interest
$14,664
Property tax
$2,000
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $24,000. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 3711 SW 27th Terrace

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Request a tour of 3711 SW 27th Terrace and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.