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4840 NW 27th Ave Miami, FL $ 1,300,000
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$ 1,300,000 Get more info
4840 NW 27th Ave
$ 1,300,000
Back to search
Share Save

4840 NW 27th Ave

Miami, FL, 33142
$ 1,300,000
Baths0.0 Sq 5,640

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Miami, FL

for $1,300,000. This 5,640 square foot building was built in 1954 on a lot size of 0.204867.

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)

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,449

Style

Detached

Lot Size

0.204867

Year Built

1954

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11582298
Features
General
Roof Composition
Architectural Style Detached
Construction Materials Block
Year Built 1954
Stories 2
Levels Two
Property SubType MixedUse
Tax Year 2023
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6062
MLS Area 31
Lot Size Units SquareFeet
Lot Size Square Feet 8924.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 27th Ave
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8449.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11582298
Days on Market 15
Structure Type Other
Standard Status Active
Occupancy Type CallAgent
Legal Description 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
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Exterior
Water Source Public
Total Parking 15.0
Lot Size Area 8924.0
Spa N
Building Area Total 5640.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 4840
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* Excluded Features
List By
Coldwell Banker Realty

Broker

annaby@annabypozo.com

Email

Affordability Calculator

$9,344
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$704
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2024$1,300,000 Listed Price

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4840 NW 27th Ave, Miami, FL, 33142 is a Commercial Property for sale at $1,300,000 with 5,640 sqft and a lot size of 0.204867. 4840 NW 27th Ave is a studio with 0.0 baths and was built in 1954. The property's zip code is 33142 which is in Miami, FL

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