1261 27Th St Miami, FL 33142
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1261 27Th St
- Year built
- 1923
- Property type
- Small apartment buildings
Description
This exceptional multifamily investment property, located at 1261 NW 27th St, Miami, FL 33142, presents a rare opportunity in Miami's desirable West End Park area. Built in 1923, this two-story apartment building boasts a total of five units: four spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. All units are currently fully rented, providing a consistent and reliable income stream with long-term tenants in place, making this an ideal investment for passive income generation. The property's prime location offers easy access to major highways, including the Florida State Road 112 and I-95, ensuring convenient commutes to Miami Beach, Brickell, and Downtown Miami. This well-maintained building presents a strong return on investment potential in a rapidly appreciating market. The asking price is $1,149,000. This is a turn-key opportunity for an investor seeking a stable and profitable addition to their portfolio. The property is situated in Miami-Dade County and benefits from the vibrant urban core location. The building's solid construction and consistent occupancy history make it a compelling investment prospect. Don't miss this chance to acquire a piece of Miami's thriving real estate market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2166415
- Latitude
- 25.8017859
