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    Renovated Duplex with Carport Parking Title is generated by Realmo AI

    1074 NW 27th St, Miami, FL 33127

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    For Sale
    $796,300

    MULTI_FAMILY - Miami, FL

    Property size:
    2,057 SF
    Price / SF:
    $387/SF
    Added:
    Jun 13, 2026
    Days on Market:
    20
    Last Refresh:
    Jul 2 at 2:06 am

    Property Features for 1074 NW 27th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    3
    Standard status
    Active
    APN
    01-31-26-051-0381
    Size
    2,057 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BON AIRE PB 7-12 LOT 3 BLK 3 LOT SIZE 50.00 X 100.00 OR 9245-1447
    Tax Annual Amount
    7162

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Floors in Building
    1
    Flooring type
    Tile - Ceramic, Tile
    Building materials
    Block

    We can help!

    Contact an agent
    Marisol Lusardi

    Listing agent Marisol Lusardi License #3091757

    Listing office Fortune Christie's International Real Estate 1390 Brickell Ave Suite 104, Miai, FL

    Listing date Jun 13, 2026

    MLS# A12008313 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Renovated duplex (block construction), built in 1981, with central heating and central A/C
    • Unit 1: 3 bed/2 bath leased at $3,000/mo; annual leases include 30‑day vacate clauses
    • Unit 2: 2 bed/1 bath fully renovated, available at $2,500/mo market rent
    • Projected $6,000/mo gross at full occupancy with quartz counters and stainless appliances
    • Tile flooring throughout, master suite with walk‑in closet, fenced backyard, and 4‑car carport parking (2 electric meters)
    • Flood Zone X (no flood insurance required) and newer roof; FHA‑eligible for owner‑occupants

    Overview

    This renovated duplex offers two separate units with modern finishes and comfortable, functional layouts. Unit 1 features a 3-bedroom, 2-bath configuration and is currently leased. Unit 2 is a 2-bedroom, 1-bath home that is fully renovated and available for a new tenant or an owner-occupant. Both units include quartz counters, stainless appliances, tile flooring throughout, and central A/C. The primary suite includes a walk-in closet. Additional property improvements include a newer roof and two electrical meters, supporting independent utility management.

    Located in Allapattah, the property is described as approximately 5 minutes to Wynwood, with a fenced backyard for added privacy. The duplex provides carport parking for four vehicles and a layout designed to support day-to-day tenant needs. The property is listed as Flood Zone X, indicating no flood insurance is required. The unit mix and lease structure include annual leases with 30-day vacate clauses.

    For tenants, the combination of updated interiors, central A/C, and on-site parking can simplify move-in and ongoing living. For owner-occupants and investors, the arrangement supports a house-hack approach, where one unit can be occupied while the other unit is leased. Unit 2 is positioned for immediate occupancy under the stated market rent, and the offering is described as FHA-eligible for owner-occupants.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $62.9k $30.60
    − Vacancy −$4.0k −$1.95
    EGI $58.9k $28.65
    − OpEx −$17.7k −$8.60
    NOI $41.3k $20.06
    2,057 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $589.3K
    $515.7K – $687.6K (±1% cap)
    NOI $41,254 @ 7.0% cap · market cap 5.18%
    Second Best
    Apartment 5plus
    $542.9K
    $475.0K – $633.3K (±1% cap)
    NOI $38,000 @ 7.0% cap · market cap 4.77%
    Theoretical Best
    Specialty Retail
    $1.39M
    $1.21M – $1.62M (±1% cap)
    NOI $97,194 @ 7.0% cap · market cap 12.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Food Market Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.212811
    Latitude
    25.801482

    FAQs

    What type of property is this?
    Duplex - Renovated duplex with two independently metered units, central A/C, and fenced outdoor space with four carport parking spots.
    Where is this duplex located?
    The property is located at 1074 NW 27th St Miami, FL.
    What is the asking price?
    The asking price for this property is $796,300.
    What are key features of this property?
    This property features: Renovated duplex (block construction), built in 1981, with central heating and central A/C; Unit 1: 3 bed/2 bath leased at $3,000/mo; annual leases include 30‑day vacate clauses; Unit 2: 2 bed/1 bath fully renovated, available at $2,500/mo market rent
    More about this property
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