Duplex with Oversized
8820 SW 27th St Miami, FL 33165
New
8820 SW 27th St, Miami, FL, 33165
$1,055,000
For Sale
$1,055,000
MULTI_FAMILY - Miami, FL
Property Size2,480 SF
Lot Size15,000.00 Acres
Price / SF$425.40
Days on Market2
Property Features for 8820 SW 27th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
- Parking
- 5
- Security features
- Security
- Exterior features
- Fence, Room For Pool, Storm/Security Shutters
- Fencing
- Fenced
- Standard status
- Active
- APN
- 30-40-16-004-1400
- Size
- 2,480 SF
- Lot size
- 15,000.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 16 54 40 PB 40-31 JOHN A CAMPBELLS LITTLE FARMS LOT 208 & E1/2 OF LOT 207 LOT SIZE 75.690 X 200 74R-113018
- Tax Annual Amount
- 16541
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Barrel
Listing Agency
Luxe Properties
(305) 809-7650
55 Merrick Way, Coral Gables, FL
Listed by
Jose De Varona · License #3508408
(305) 219-5893
Added: Jul 15 Checked: Jul 16 at 9:06 pm
MLS# A11994928
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.
Investment Insights
Based on property information with market context.
This for-sale duplex includes two rented units positioned on an oversized 15,000+ square foot lot. The property is configured to generate rental income immediately, with both units currently leased. The rear unit has been fully renovated, which may help reduce near-term maintenance and capital expenditure requirements for an owner.
Located in Miami, Florida at 8820 SW 27th St (Miami-Dade County) within the 33165 zip code, the property benefits from a large parcel footprint. The ample land area can support future expansion, redevelopment, or other value-add improvements, subject to buyer due diligence and verification of development possibilities.
For investors and owner-operators seeking an income-producing residential asset, the current leased status of both units provides a straightforward path to generating rent from day one. For buyers considering repositioning, the oversized lot creates flexibility for future plans beyond the existing duplex layout. Interested parties should verify all development options, zoning, and allowable uses as part of their purchase and planning process.
Located in Miami, Florida at 8820 SW 27th St (Miami-Dade County) within the 33165 zip code, the property benefits from a large parcel footprint. The ample land area can support future expansion, redevelopment, or other value-add improvements, subject to buyer due diligence and verification of development possibilities.
For investors and owner-operators seeking an income-producing residential asset, the current leased status of both units provides a straightforward path to generating rent from day one. For buyers considering repositioning, the oversized lot creates flexibility for future plans beyond the existing duplex layout. Interested parties should verify all development options, zoning, and allowable uses as part of their purchase and planning process.
Key Highlights
- Cash‑flowing duplex with two rented units
- Oversized 15,000+ SqFt lot with room for pool, expansion, redevelopment, or value‑add improvements (buyer to verify possibilities)
- Rear unit has been fully renovated
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 | $75.9k | $30.60 |
| − Vacancy | −$4.8k | −$1.95 |
| EGI | $71.1k | $28.65 |
| − OpEx | −$21.3k | −$8.60 |
| NOI | $49.7k | $20.06 |
2,480 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$710.5K
$621.7K – $829.0K
NOI $49,738 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$654.5K
$572.7K – $763.6K
NOI $45,814 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $117,181 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two rented units on an oversized lot, with the rear unit fully renovated, offering a practical residential income ownership option.
Where is this duplex located?
The property is located at 8820 SW 27th St Miami, FL.
What is the asking price?
The asking price for this property is $1,055,000.
What are key features of this property?
This property features: Cash‑flowing duplex with two rented units; Oversized 15,000+ SqFt lot with room for pool, expansion, redevelopment, or value‑add improvements (buyer to verify possibilities); Rear unit has been fully renovated
