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.
Property Details
Price:
$699,000
MLS #:
A11744821
Status:
Active
Beds:
0
Baths:
0
Address:
5706 SW 27th St
Type:
Multi Family
Subtype:
Duplex
Subdivision:
MIAMI GARDENS ESTATES
Neighborhood:
Miami Gardens Estates
City:
West Park
Listed Date:
Feb 13, 2025
State:
FL
Finished Sq Ft:
3,942
Total Sq Ft:
3,942
ZIP:
33023
Year Built:
1968
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Schools
Interior
Cooling
Other
Flooring
Other
Heating
Other
Exterior
Architectural Style
Detached, Other
Construction Materials
Other
Parking Spots
4
Roof
Other
Financial
Tax Year
2024
Taxes
$10,954
Map
Community
- Address5706 SW 27th St West Park FL
- SubdivisionMIAMI GARDENS ESTATES
- CityWest Park
- CountyBroward County
- Zip Code33023
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