New listing
Photo 1 of 50$997,500
Price reduced2532 SW 27TH ST, Miami FL 33133
5 beds5 baths1,957 sq ftBuilt 1946MLS# A12084833
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About this property
Nestled perfectly between Coconut Grove to the south and The Roads to the north, this highly desirable Silver Bluff Property is perfect for a large family that wants a steadily appreciating, flexible investment opportunity for owner-occupants and seasoned investors alike. Presently set as three separate units, but extremely easy to convert to single 5 bedroom home! This well-laid-out property features two spacious 2-bedroom, 1.5-bathroom units alongside a separate studio apartment, generating a potential gross income of well over $80,000 annually. Each unit is beautifully updated with modern kitchens featuring quartz countertops, renovated bathrooms, sleek laminate flooring, and private in-unit laundry. Residents will appreciate the convenience of dedicated front and rear entrances.
Parking is a premium in Miami, and this property delivers fantastic dual access parking. With secure, gated parking in the front, as well as covered, fenced-in parking in the rear. Enjoy unbeatable convenience within walking distance to the 27th Avenue Metrorail station, The Underline, the new Grove Central Shopping Mall, and Shell Lumber. With rapid access to Coral Gables, Brickell, and Miami International Airport, this prime location is truly unmatched. Whether you want to convert the entire property into one living unit or live in one unit and let the others pay your mortgage, or add a high-yield asset to your portfolio, this is it.
Property details
- Property type
- Single family
- Year built
- 1946
- Living area
- 1,957 sq ft
- Price per sq ft
- $510
- Property taxes
- $7,801/yr
- Building / community
- Silver Bluff Est Sec C,silver Bluff
- Status
- Price reduced
- MLS #
- A12084833
