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Miami Gardens Estates

$699,000

5706 SW 27th St, West Park, FL 33023

Active
Last Updated: 02/14/2025

3,942 sqft

Building Size

2

Units

Details:
Building Size:    3,942 sqft
Units:    2
Year Built:    1968
Floors:    1
Parking Spots:    4
Gross Leaseable Area:    2,696
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Other Available Information
  • Architectural Style: Detached, Other
  • Cooling: Other
  • Heating: Other
  • Flooring: Other
  • Construction Materials: Other
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.

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