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5-Unit Multifamily Property
For Sale
$2,900,000

3711 SW 27th Terrace, Miami, FL

Commercial Sale, Miami, FL

Property Size3,980 SF
Lot Size0.32 Acres
Price / SF$728.64
Days on Market9

Property Features for 3711 SW 27th Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 5700
Parking 9
Parking features On Street, Guest
Fencing Fenced
Subdivision 2410
Standard status Active
APN 0141170010350
Size 3,980 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 17 54 41 GABLES MANOR SUB PB 47-36 LOT 8 BLK 3 LOT SIZE 60.000 X 115 OR 20393-4033 05/2002 1 COC 24317-3769 03 2006 5
Tax Annual Amount 24000
Legal Description 17 54 41 GABLES MANOR SUB PB 47-36 LOT 8 BLK 3 LOT SIZE 60.000 X 115 OR 20393-4033 05/2002 1 COC 24317-3769 03 2006 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, ENERGY STAR Qualified Equipment
Water source Public

Amenities

pool

Building Details

Year built 1947
Floors in Building 2
Number of units 5
Flooring type Tile
Building materials Concrete Block - With Stucco
Roof type Shingle, Tile
Listing Agency: Real Broker LLC
Listed By: Richard M DiPietro · License #3659026
Added: Sep 24 Changed: Oct 2 Last Checked: Oct 2 at 7:06PM
MLS# B26081463

Copyright © 2026 BeachesMLS. 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 multifamily offering comprises two two-story buildings with five units in total. The 3,980-square-foot combined living area includes a 2,428-square-foot, three-unit building with a pool and a 1,552-square-foot duplex. The property occupies a 13,722-square-foot lot, or 0.32 acres, and has approximately nine on-site parking spaces. Built in 1947, the buildings feature concrete-block construction with stucco, tile flooring, and central air conditioning.

The property is near Coral Way, Coral Gables, dining options, and major highways. The reported cap rate is 4.88%.

Key Highlights

  • Two multifamily buildings with five units total
  • 3,980 square feet of combined living area
  • 13,722‑square‑foot lot, equivalent to 0.32 acres

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Mobile Phone Store Tanning Salon Restaurant Butcher

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,249
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two buildings offer a three-unit residence, a duplex, and on-site parking.
Where is this multifamily property located?
The property is located at 3711 SW 27th Terrace Miami, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Two multifamily buildings with five units total; 3,980 square feet of combined living area; 13,722‑square‑foot lot, equivalent to 0.32 acres
More about this property
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