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    3711 27Th Ter Miami, FL 33134

    Sponsored
    For Sale
    $1,950,000

    Six-bedroom, four-bath duplex, pool, parking

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 3,349 square foot multifamily property in Miami's desirable East Gables neighborhood presents a rare investment opportunity. Built in 1947, this meticulously renovated duplex boasts six bedrooms and four bathrooms, offering ample living space. The upper unit is currently rented for $4,500 per month, generating immediate income. The lower unit is owner-occupied. The property features a desirable combination of attractive interior and exterior spaces, including a refreshing pool and ample parking—a rare find in this location. Situated in Miami-Dade County, at 3711 SW 27th Ter, Miami, FL 33134, this property benefits from its prime location within a high-value appreciation area of South Florida. The asking price is $1,950,000. Note that an adjacent property (3721 SW 27th Terr) is also available for purchase, presenting the unique opportunity to acquire two income-producing properties in a single transaction. This is a truly exceptional opportunity to own a piece of this thriving South Florida city.

    Property Features for 3711 27Th Ter

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1947
    Stories
    2

    HighLights

    • $1,950,000 asking price for a multifamily investment property.
    • Six‑bedroom, four‑bathroom apartment building in Miami, FL.
    • 1947 construction, two stories, 3,349 square feet.
    • Located in the desirable East Gables area of Miami.
    • Upper unit rented at $4,500 per month; lower unit owner‑occupied.
    • Features include a pool and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2547227
    Latitude
    25.7408353

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    FAQs

    What type of property is this?
    Multifamily property - Six-bedroom, four-bath duplex, pool, parking
    Where is this multifamily property located?
    The property is located at 3711 27Th Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for a multifamily investment property.; Six-bedroom, four-bathroom apartment building in Miami, FL.; 1947 construction, two stories, 3,349 square feet.
    Request Owner's contact information
    3711 27Th Ter Miami, FL 33134
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    Miami, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3711 27Th Ter Miami, FL 33134
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