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Property profile

82 27Th St Miami, FL 33127

OFF-MARKET
Specialty properties
Property ID
US18-1574930
Built 1969
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 1969
UPID US18-1574930

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

82 27Th St Miami, FL 33127
Miami metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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