The offering is comprised of (2) contiguous investment properties totaling +/-10,000 feet of land. The lot(s) assemblage allows (73) units via Live Local on (8) floors eliminating parking. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T5-O zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with up to 100 units.
RE/MAX 360 Real Estate
Features & Details
Learn about the features and details of 2821 SW 27th Ter
Property Details
Property Type
Residential
Living Area
-
Year Built
Year Built
Lot Size
10,000 sqft
Stories
-
Annual Tax
$9,771.00
List Date
3/24/2025
Updated
6/7/2025
Last Checked
Recent
MLS Number
#A11769577
Brokerage
RE/MAX 360 Real Estate
Postal Code
33133
Area
Miami-Dade
City
Miami
Additional Property Features
Occupancy
Available
List Price
$3,400,000.00
Unit Number
-
Construction
Construction
Heating
Heating
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
No
Elevator
No
Locker
No
Swimming Pool
No
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
None
Inside
Bedrooms & Baths
0 Bed, 0 Bath
Ensuite
Yes
Bathrooms
0
Flooring
Mixed
Show More Features
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Mortgage Calculator
Estimate monthly payments for 2821 27th Ter
20.5%100%
30 Years
Estimated Monthly Payment
$13,696
Cash Flow Analysis
Mortgage Payment:
$13,696
Monthly Payment:
$14,510.25
Break Even Down Payment:
100%
Cash Flow
$0
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Discover this impressive residential in the heart of Miami. Offered at $3,400,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.