$2,900,000
Miami, FL
MLS# B26081463
3980 sqft
1 / 82
Property Description
Two-building, five-unit multi-family package in Gables Manor / Coral Way. 3711 and 3721 SW 27th Terrace, Miami, sold together. Combined living area 3,980 SqFt. Combined lot 13,722 SqFt. Actual rent $189,600 per year. Expenses $48,200. NOI $141,400. Cap rate 4.88% at $2,9mn. 3711 is a 2-story, 2,428 Sqft, 3-unit income property with a pool. 3721 is a 2-story, 1,552 Sqft duplex. Approximately 9 On-site parking. Cash or conventional. Close to Coral Way, Coral Gables, dining, and major highways. Request the offering memo.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Seller Represented YN: Yes
Listing Date: 2026-09-24
Status: Active
Original List Price: 2900000
List Price: $2,900,000
Current Price: $2,900,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
Municipality Type: Incorporated
Municipal Code: 01
Postal Code: 33134
Geographic Area: DADE
Subdivision Number: 1
Flood Zone: X
Building Name: 3721-3723 & 3711-3713 SW 27th Terrace
Property Description: MULTIFAMILY 2-9 UNITS
Country: United States
Street Number: 3711
Street Direction Prefix: SW
Street Name: 27th
Street Suffix: Terrace
State Or Province: FL
Postal Code +4: 7223
Area: 2410
Parcel Number: 0141170010350
Zoning: 5700
General Property Information
Number Of Buildings: 2
Number Of Units Total: 5
Leasable Area: 3980
Price Per Unit: 580000
Occupant Type: Tenant
Adjusted Area Main: 3980
Accessibility Features YN: No
Lot Size Area: 13722
Stories Total: 2
Stories: 2
Property Sub Type: Multi Family
Building Area Main: 3980
Building Area Source: Owner
Year Built: 1947
Parking Total: 9
Lot Size Acres: 0.32
Currently Not Used
Ownership Type: Assets Only
Financial Information
Tax Assessed/SOH Value: 653526
Assessor Market Value: 653526
Tax Annual Amount: 24000
Tax Year: 2025
Tax Legal Description: 17 54 41 GABLES MANOR SUB PB 47-36 LOT 8 BLK 3 LOT SIZE 60.000 X 115 OR 20393-4033 05/2002 1 COC 24317-3769 03 2006 5
Office/Member Information
DXORIGMLSID: RML
Electric
Separate Meters: 1
Flooring
Tile: 1
Parking Features
Common: 1
Free: 1
Guest: 1
On Street: 1
Shared: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Aerial Photo(s): 1
Investment Analysis: 1
Owner Managed: 1
Photos: 1
Rent Rolls: 1
Fencing
Back Yard: 1
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Electric Meters: 4
Number Of Separate Water Meters: 2
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Phone Available: 1
Sewer Connected: 1
Water Connected: 1
Zoning Information
Use Conforms To Zoning: 1
Ceiling
Drywall: 1
Distance To Information
Miles to Beach: 5
Miles to Expressway: 3
Heating
Central: 1
Central Building: 1
Central Individual: 1
Electric: 1
Separate Meters: 1
Sale Includes
Building: 1
Fixtures: 1
Land: 1
Construction Materials
Concrete Block - With Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Tile: 1
Security Features
Carbon Monoxide Detector(s): 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 48200
Gross Income: 189600
Net Operating Income: 141400
Source Of Expenses
Owner Provided: 1
Description of Unit Type 1
Unit Type: 3 Bedroom
Units Total: 1
Beds Total: 3
Full Baths: 2
Annual Rent: 72000
Description of Unit Type 2
Unit Type: 2 Bedroom
Units Total: 3
Beds Total: 2
Full Baths: 1
Annual Rent: 93600
Cooling
Central Air: 1
Central Building: 1
Central Individual: 1
ENERGY STAR Qualified Equipment: 1
Description of Unit Type 3
Unit Type: 1 Bedroom
Units Total: 1
Beds Total: 1
Full Baths: 1
Annual Rent: 24000
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-09-28T18:04:07Z
Major Change Type: New Listing
Status Change Date: 2026-09-28
Unit Details
Number Of Units Leased: 5
Originating Details
Originating System Key: 20260928162911070485000000
Originating System ID: M00000170
Property Features
Ceiling: Drywall
Documents Available: Aerial Photo(s); Investment Analysis; Owner Managed; Rent Rolls
Electric: Separate Meters
Fencing: Back Yard; Fenced
Flooring: Tile
Heating: Central; Central Building; Central Individual; Electric; Separate Meters
Parking Features: Common; Free; Guest; On Street; Shared
Possession: Close Of Escrow
Property Condition: Resale
Sale Includes: Building; Fixtures; Land
Special Listing Conditions: Standard
Zoning Information: Use Conforms To Zoning
Source Of Expenses: Owner Provided
Construction Materials: Concrete Block - With Stucco
Cooling: Central Air; Central Building; Central Individual; ENERGY STAR Qualified Equipment
Listing Terms: Cash; Conventional; FHA; VA Loan
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Shingle; Tile
Security Features: Carbon Monoxide Detector(s)
Sewer: Public Sewer
Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: Real Broker LLC
Last Updated: October - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
