2371 SW 27th St Miami, FL 33133
MULTI_FAMILY - Other - Miami, FL
Property Features for 2371 SW 27th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 5
- Parking
- 4
- Standard status
- Pending
- APN
- 01-41-15-008-0900
- Size
- 3,066 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SILVER BLUFF EST SEC C PB 10-65 LOTS 44 & 45 BLK 40 LOT SIZE 5000 SQUARE FEET OR 17387-4360 0996 1
- Tax Annual Amount
- 14490
Utilities
- Utilities
- Cable Available
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1946
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic, Parquet Wood
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Maria Pena Cabezas License #3379668 (305) 922-1444
Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL (954) 545-5583
Listing date Jul 12, 2026
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.
Investment Insights
Based on property information with market context.
The asset is located in Miami, with access to nearby destinations including Coconut Grove, Coral Gables, The Underline, US-1, Metrorail, Brickell, and Downtown Miami. University of Miami is less than 7 minutes away.
All four units are currently rented, and the property is positioned for straightforward income generation with potential for future improvements based on the current rent structure.
Key Highlights
- Fourplex with four spacious 2BD/1BA units, all currently rented at $2,200/month
- Central A/C throughout; one unit features a newly replaced A/C system
- Recent updates include interior painting, new exterior lighting, and the property has passed the 40‑year certification
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 | $93.8k | $30.60 |
| − Vacancy | −$6.0k | −$1.95 |
| EGI | $87.8k | $28.65 |
| − OpEx | −$26.4k | −$8.60 |
| NOI | $61.5k | $20.06 |
