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2489 SW 27th St 9 Unit Apartment Building $3,500,000 ($388,889/Unit) 6.03% Cap Rate Miami, FL 33133
Executive Summary
Brand new property for sale that consists of 9 units. Completely renovated and upgraded multifamily building in the Coconut Grove area. Located in TOD Transient Orient District. TOD is ideal in most cases for redevelopment that allows up to 75 Units and 8 floors high via Live Local. A lot of new developments in that Brickell/Coconut Grove area. All units have been completely renovated with new kitchen cabinets with new modern appliances, new plumbing, new electrical, new bathrooms, new AC, New Roof, new irrigation system, New doors and exterior stucco around. freshly painted with added busy and tropical landscaping around. Information believed to be accurate but not guaranteed. Call listing agent for more info
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$211,200
|
$46.03
|
| Other Income |
$200
|
$0.04
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$211,400
|
$46.08
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $211,200 |
| Annual Per SF | $46.03 |
| Other Income | |
|---|---|
| Annual | $200 |
| Annual Per SF | $0.04 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $211,400 |
| Annual Per SF | $46.08 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,800 | - |
| 1+1 | 6 | $2,050 | - |
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Number | 01-4115-008-0690 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,901,898 |
Property Taxes
Parcel Number
01-4115-008-0690
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,901,898
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2489 SW 27th St
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