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Triplex with Updated Interiors
For Sale
$1,250,000

2530 SW 27th St, Miami, FL 33133

Two-bedroom units and an efficiency create a flexible multi-unit residential layout.

Property Size1,957 SF
Price / SF$638.73
Days on Market226

Property Features for 2530 SW 27th St

General Information

Standard status Active
Size 1,957 SF
Property subtype Duplex
Zoning T4-R

Site & Location

Neighborhood North Grove

Units

Unit Mix 2 x 2BR/1.5BA, 1 x studio
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,801

Amenities

laundry

Building Details

Building Size 1,957 SF
Year Built 1946
Listing Agency: Brickell Investment Realty
Listed By: Daniel Burdak · License #0324756
Source: Batrare
Added: Mar 13 Changed: Oct 17 Last Checked: Oct 23 at 1:37PM

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 Brickell Investment Realty

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Investment Insights

Based on property information with market context.

This 1,957-square-foot triplex, built in 1946, includes two 2-bedroom, 1.5-bath units along with a studio/efficiency. Interior improvements include laminate flooring, updated kitchens with quartz countertops, and updated baths. Laundry facilities are included, with parking available at both the front and rear of the property.

The property is located at 2530 Southwest 27th Street in Miami’s Silver Bluff area, near The Underline, Coconut Grove, Coral Gables, and Brickell. T4-R zoning provides the stated land-use designation for the site.

Key Highlights

  • Triplex includes two 2‑bedroom, 1.5‑bath units plus a studio/efficiency
  • 1,957 square feet on a property built in 1946
  • T4‑R zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,249
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,980 $785.0K
Cap Rate 7%
$560,700 $560.7K
Cap Rate 9%
$436,100 $436.1K
Market Conditions
NOI Build-Up for 1,957 SF
Gross rent
$59.9K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$56.1K $28.65/SF
− OpEx
−$16.8K −$8.60/SF
NOI
$39.2K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,980
Cap Rate 7%
$560,700
Cap Rate 9%
$436,100

Alternative Uses

Best Use
Multifamily LT 5
$560.7K
$490.6K – $654.2K (±1% cap)
NOI $39,249 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$516.5K
$451.9K – $602.5K (±1% cap)
NOI $36,152 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,469 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Garden Center Auto Parts Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Butcher Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,806
Businesses Nearby

Demographics for 33133, FL

34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two-bedroom units and an efficiency create a flexible multi-unit residential layout.
Where is this triplex located?
The property is located at 2530 SW 27th St Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Triplex includes two 2‑bedroom, 1.5‑bath units plus a studio/efficiency; 1,957 square feet on a property built in 1946; T4‑R zoning
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