FL > West Park > Miami Gardens Estates
West Park, FL 33023,5706 SW 27th St
West Park, FL 33023,5706 SW 27th St
West Park, FL 33023,5706 SW 27th St
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$699,000
Est. payment /mo
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2,696 SqFt
Price Dropped by $36K

5706 SW 27th St West Park, FL 33023

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Sharon Colón

Sharon Colón

+1(786) 376-2398

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $259

Subdivision Miami Gardens Estates

MLS Listing ID A11871918

HOA Y/N No

Year Built 1968

Annual Tax Amount $10,954

Tax Year 2024

Property Sub-Type Duplex

Property Description

Investment Property. Two units on a 7,000 sqft lot, each with separate electric meters. Prime location near I-95 and just 20 minutes to the beach. Current income: $4,000/month from main house + $2,100/month from back house (to be remodeled before closing).

With both units fully remodeled, projected rental income can reach $7,400/month. CAP Rate: 8.32%. Large lot suitable for future multifamily development.

Ideal for investors, PadSplit opportunity, and owner financing available.

Location

State FL

County Broward

Community Miami Gardens Estates

Area 3080

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Block

Others

Tax ID 514125021360

Acceptable Financing Cash, Conventional, FHA, Owner May Carry

Listing Terms Cash, Conventional, FHA, Owner May Carry

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11871918

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lifestyle International Realty

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agent

Sharon Colón

Agent | License ID: 3309937

+1(786) 376-2398

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5706 SW 27th St