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Executive Summary

Brand new property for sale that consists of 9 units. Completely renovated and upgraded multifamily building in the Coconut Grove area. Located in TOD Transient Orient District. TOD is ideal in most cases for redevelopment that allows up to 75 Units and 8 floors high via Live Local. A lot of new developments in that Brickell/Coconut Grove area. All units have been completely renovated with new kitchen cabinets with new modern appliances, new plumbing, new electrical, new bathrooms, new AC, New Roof, new irrigation system, New doors and exterior stucco around. freshly painted with added busy and tropical landscaping around. Information believed to be accurate but not guaranteed. Call listing agent for more info

Attachments

OM

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $4,774,840 CAD
Price Per Unit $530,538 CAD
Sale Type Investment
Cap Rate 6.03%
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 4,588 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1951/2023
Parking Ratio 1.11/1,000 SF
Zoning T4-R - Multi-family

Amenities

Unit Amenities

  • Air Conditioning
  • Tile Floors

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $2,456 CAD -
1+1 6 $2,797 CAD -
Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01-4115-008-0690
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,646,092 CAD
  • Listing ID: 39601535

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 2489 SW 27th St, Miami, FL 33133

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