5706 27th St ,Duplex, Miami Gardens Estates for Sale

5706 27th St for Sale

Price $699,000.00

• Lot size 3942
• Year Build 1968
• Waterfront
• Zip 33023
• Style Detached, Other
• Parking Description
• Pool Yes
• Status Active

Description

This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= If you have any questions call/text Genesis at 786-265-9714. Showings only with an accepted offer and require a minimum of 48 hours' notice.

MIAMI GARDENS ESTATES 22-2 B LOT 11 BLK 5

Less Than 1/4 Acre Lot

This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.

City:West Park,Zoning:TOC 2,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2024,Latitude:25.9854844,Cooling Y N:1,Heating Y N:1,List Price:699000,Listing Id:A11744821,Longitude:-80.2009623,Mls Status:Active,Year Built:1968,Living Area:2696,Postal Code:33023,Street Name:27th St,Coordinates:1:25.9854844,Building Name:MIAMI GARDENS ESTATES,Lot Size Units:Square Feet,M I A M I R E_ Area:3080,M L S Area Major:Miami Gardens Estates,On Market Date:2025-02-13,Parcel Number:514125021360,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:5706,M I A M I R E_ Style:Duplex,Public Remarks:This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.,County Or Parish:Broward County,List Office Name:EXP Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4122,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:MIAMI GARDENS ESTATES,Tax Annual Amount:10954,Unparsed Address:5706 SW 27th St, West Park FL 33023,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3942,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:259.273,Original List Price:699000,Public Survey Range:51,Architectural Style:1:Other,I D X Participation Y N:1,Syndication Remarks:This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot. Great location, close to I-95 & 20min to the beach. The main house generates $4,000/month in rent, while the back house brings in $2,100/month and will be remodeled before closing. With a CAP RATE of 8,32%. Ideal for an investor looking to expand their rental portfolio with high returns or for future multifamily development due to the large lot size.,Listing Contract Date:2025-02-13,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:See Broker Remarks,Showing Assist,Street Number Numeric:5706,Tax Legal Description:MIAMI GARDENS ESTATES 22-2 B LOT 11 BLK 5,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2515,M I A M I R E_ Internet Remarks:This prime investment property features two legal units, each with its own electric meter, sitting on a spacious 7,000 sqft lot.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-02-13,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:259.27,