2735 SW 27th Terrace Miami, FL 33133
Northeast Coconut Grove NeighborhoodEstimated payment $10,283/month
Highlights
- No HOA
- 2-minute walk to Coconut Grove
- Heating Available
- Coral Gables Senior High School Rated A-
- Cooling Available
- 1-Story Property
About This Home
Investor/Developer Opportunity! This fully leased duplex offers immediate income with undervalued rents, providing strong upside potential. Zoned T5-O, this property is perfectly positioned directly across from Grove Central, one of Miami’s hottest new mixed-use developments. Prime location, high visibility, and flexible zoning make this a rare find in Coconut Grove – ideal for redevelopment or long-term investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,509
Year Built
- Built in 1954
Parking
- 4 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 1,878 Sq Ft Home
- 1-Story Property
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- 2 Units
- Com Silver Bluff Condos
- Com Silver Bluff Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-16-035-0190
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,509 | $561,986 | -- | -- |
| 2024 | $10,307 | $510,897 | -- | -- |
| 2023 | $10,307 | $464,452 | $300,000 | $164,452 |
| 2022 | $9,923 | $435,094 | $0 | $0 |
| 2021 | $9,164 | $395,540 | $300,000 | $95,540 |
| 2020 | $9,833 | $426,019 | $300,000 | $126,019 |
| 2019 | $7,246 | $319,487 | $225,000 | $94,487 |
| 2018 | $6,736 | $319,546 | $225,000 | $94,546 |
| 2017 | $5,942 | $244,604 | $0 | $0 |
| 2016 | $6,100 | $244,663 | $0 | $0 |
| 2015 | $6,185 | $243,979 | $0 | $0 |
| 2014 | $6,028 | $232,268 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | For Sale | $1,750,000 | -- | $932 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney |
Source: MIAMI REALTORS® MLS
MLS Number: A11789034
APN: 01-4116-035-0190
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