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3711 SW 27th Terrace Miami, FL $ 2,900,000
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3711 SW 27th Terrace
$ 2,900,000
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3711 SW 27th Terrace

Miami, FL
$ 2,900,000
Bedrooms-- Baths-- Sq 3,980

Monthly Estimate*

$ 18,311

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View a Virtual Tour

Commercial Property for sale in Miami, FL

for $2,900,000. This 3,980 square foot building was built in 1947 on a lot size of 0.32.

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.

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Commercial Active

Price

$ 2,900,000

Property Type

Commercial

Taxes

$ 24,000

Style

Lot Size

0.32

Year Built

1947

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

B26081463
Features
General
Sewer Public Sewer
Heating Central Electric Individual Separate Meters
Cooling Central Air ENERGY STAR Qualified Equipment
Utilities Cable Available Electricity Connected Phone Available Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle Tile
Security Features Carbon Monoxide Detector(s)
Construction Materials Concrete Stucco
Year Built 1947
Electric Separate Meters
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Gross Income 189600
Building Name 3721-3723 & 3711-3713 SW 27th Terrace
Accessibility None
County Miami-Dade
Net Operating Income 141400
New Construction false
Property Type Commercial Sale
Status Active
City Miami
Number Of Units Total 5
MLS Area 2410
Tax Annual Amount 24000
Property Condition Resale
MLS Area Minor DADE
Virtual Tour https://youtube.com/shorts/59jCHPgaR38?si=twu9PlBQhjVTr1of
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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
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Interior
Flooring Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Back Yard Fenced
Parking Features Common Free Parking Guest On Street
Lot Features 1/4 to 1/2 Acre Lot
Water Source Multiple Meters Public
Total Parking 9
Lot Size Area 13722
Number of Buildings 2
Building Area Total 3980
Lot Size Acres 0.32
Road Surface Type Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Richard M DiPietro

Listing Agent

Affordability Calculator

$20,311
Per Month
90%
10%
0%
Monthly Principal & Interest
$18,311
Monthly Property Taxes
$2,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/28/2026$2,900,000 Listed Price

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3711 SW 27th Terrace, Miami, FL, is a Commercial Property for sale at $2,900,000 with 3,980 sqft and a lot size of 0.32. 3711 SW 27th Terrace was built in 1947. The property's zip code is which is in Miami, FL

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