Six-Unit Apartment
For Sale
$2,300,000
27 Northwest 35th Street, Miami, FL 33127
Existing multifamily property with redevelopment potential under zoning permitting residential or hotel use.
Property SizeContact for details
Days on Market872
Property Features for 27 Northwest 35th Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial / Income/Multi Family
Units
Unit Mix
2 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
6
Additional Details
Gross Income
$110,700
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,608
Building Details
Year Built
1924
Listing Agency:
Florida Realty of Miami Corp
Listed By:
Rene Perez · License #3197534
(305) 598-5488
Source:
Compass
Added: Apr 17, 2024
Changed: Sep 2
Last Checked: Sep 4 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida Realty of Miami Corp
Investment Insights
Based on property information with market context.
This six-unit apartment property dates to 1924 and includes two 2-bedroom, 1-bath units plus four 1-bedroom, 1-bath units. The existing configuration provides an operating multifamily asset in Wyndwood Park Subdivision.
The property is adjacent to North Miami Avenue and directly across from The Shops at Midtown Miami. Its zoning permits a five-story development with up to 39 residential units or 78 hotel or short-term rental units, creating a redevelopment path alongside the existing apartments.
The property is adjacent to North Miami Avenue and directly across from The Shops at Midtown Miami. Its zoning permits a five-story development with up to 39 residential units or 78 hotel or short-term rental units, creating a redevelopment path alongside the existing apartments.
Key Highlights
- Six existing units: two 2/1 apartments and four 1/1 apartments
- 1924 construction
- Zoning allows five stories with 39 residential units
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6,777
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Existing multifamily property with redevelopment potential under zoning permitting residential or hotel use.
Where is this apartment building located?
The property is located at 27 Northwest 35th Street Miami, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Six existing units: two 2/1 apartments and four 1/1 apartments; 1924 construction; Zoning allows five stories with 39 residential units
