82 27Th St Miami, FL 33127

Property Details for 82 27Th St

Year built

1969

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully renovated fourplex located in the highly desirable Wynwood neighborhood of Miami, Florida. The property, situated at 82 NW 27th St, Miami, FL 33127, is a two-story building constructed in 1969 and offers four (2/1) apartments, each currently rented, generating a substantial monthly income of $7,000. Each unit boasts updated features including a living/dining area, new kitchen with modern appliances, polished granite floors, fresh paint, central air conditioning, and ample closet space. A significant advantage is the inclusion of four assigned parking spaces, a rarity in this area, making this property even more attractive to tenants. The building is gated, offering added security, and also provides convenient off-street parking. Its prime location places it within walking distance of numerous galleries, restaurants, boutiques, and coffee shops, and is a short drive from major highways, offering easy access to Midtown, the Design District, Downtown Miami, and Brickell. The beach is only a 15-minute drive away. This is a unique opportunity to acquire a well-maintained, income-producing property in one of Miami's most vibrant and sought-after neighborhoods. The building is currently generating strong rental income, providing immediate cash flow while allowing for future development plans. This is the only building in the area with assigned parking per apartment. The property is easily shown.