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Property profile & analytics
FOR SALE
Commercial real estate

20690 NW 27Th Ave Miami Gardens, FL 33056

Built 2017
Property ID
US18-6115019
Property summary
AI-generated overview

This exceptional 24-unit multifamily property, situated on nearly two acres of land in the heart of Miami Gardens, Florida, presents a compelling investment opportunity. Built in 2017, the building boasts a remarkable 100% occupancy rate, demonstrating strong rental demand in this desirable location. The property's address is 20690 NW 27th Avenue, Miami Gardens, FL 33056, within Miami-Dade County. Its convenient location offers easy access to the Hard Rock Stadium, enhancing its appeal to tenants. The single-story building is a well-maintained asset, representing a turnkey investment with immediate cash flow. The asking price for this highly sought-after property is $4,600,000. Given the current market conditions and the property's strong performance, this represents a significant opportunity for investors seeking a stable and profitable addition to their portfolio. The almost two-acre lot provides potential for future expansion or development, further increasing its long-term value. Don't miss this chance to acquire a high-performing multifamily property in a prime Miami Gardens location.

Property profile
Verified
Property type Commercial real estate
Year built 2017
UPID US18-6115019
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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