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3090 NW 27th St
Miami, FL 33142

Allapattah Bunker · Residential Property For Sale · 4 Units

Investment Highlights

  • Turnkey Investment Opportunity: This 4-unit building is low-maintenance and ready for new ownership, ideal for both new and experienced investors.
  • Constructed in 1971, the property includes a new roof (installed last year) and accordion shutters helping lower insurance costs
  • Tenant Stability with Section 8: All units are rented under the Section 8 program, providing steady income and reduced vacancy risk.

Executive Summary

Don’t miss out on this turnkey 4-unit building in the rapidly growing Allapattah neighborhood. Built by the current owner in 1971, this property is a true fortress, with a new roof installed last year and equipped with accordion shutters for reduced insurance costs. Each unit offers central A/C for tenant comfort and ease of maintenance. The building has an ideal unit mix: two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units—an excellent choice for both first-time investors and seasoned portfolio builders looking for low-maintenance properties. All tenants are on Section 8, ensuring steady income potential.

PROPERTY FACTS

Price Per Unit £188,119
Sale Type Investment
Net Initial Yield 5.47%
Sale Conditions Tenants option to buy property
No. Units 4
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Lot Size 0.16 AC
Building Size 2,800 SF
Average Occupancy 0%
Number of Floors 2
Year Built 1971

Unit Amenities

  • Air Conditioning
  • Washer/Dryer

Site Amenities

  • Fenced Lot
  • Gated

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 £792.08 550
2+1 2 £950.50 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-3128-006-0411
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£250,848

zoning

Zoning Code RU-3B (Bungalow Zoning)
RU-3B (Bungalow Zoning)
  • Listing ID: 33847922

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 3090 NW 27th St, Miami, FL 33142

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