$2,900,000
3711 SW 27th Terrace
Miami, FL
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $2,900,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 19
This commercial property is listed at $2,900,000. It has been on the market for 19 days.
Estimated monthly payment
$15,241 /mo
Principal and interest only, based on $580,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,900,000
- Days on Site
- 19 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,980 sqft
- Lot Size
- 0.32 Acres
- Year Built
- 1947
- Property Type
- Commercial
- MLS #
- B26081463
- Property Tax
- $24,000 (2025)
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Standard
About This Property
Two-building, five-unit multi-family package in Gables Manor / Coral Way. 3711 and 3721 SW 27th Terrace, Miami, sold together. Combined living area 3,980 SqFt. Combined lot 13,722 SqFt. Actual rent $189,600 per year. Expenses $48,200. NOI $141,400. Cap rate 4.88% at $2,9mn. 3711 is a 2-story, 2,428 Sqft, 3-unit income property with a pool. 3721 is a 2-story, 1,552 Sqft duplex. Approximately 9 On-site parking. Cash or conventional. Close to Coral Way, Coral Gables, dining, and major highways. Request the offering memo.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1947
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Parking
- Common / Free Parking / Guest / On Street
- Lot Size (Acres)
- 0.32
- Total Sq Ft
- 3,980
- Sewer
- Public Sewer
- Water Source
- Multiple Meters / Public
- Zoning
- 5700
Interior Features
- Cooling
- Central Air / Energy Star Qualified Equipment
- Heating
- Central / Electric / Individual / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- Concrete / Stucco
- Roof
- Shingle / Tile
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Security
- Carbon Monoxide Detectors
- Utilities
- Cable Available / Electricity Connected / Phone Available / Sewer Connected / Water Connected
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 2410
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 3711 SW 27th Terrace, Miami, FL?
- Use the Tour button on this listing to request a showing of 3711 SW 27th Terrace, Miami, FL. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3711 SW 27th Terrace, Miami, FL still available?
- 3711 SW 27th Terrace, Miami, FL is currently listed as Active, and has been on the market 19 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3711 SW 27th Terrace, Miami, FL?
- With 20% down ($580,000) on the $2,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3711 SW 27th Terrace, Miami, FL is about $15,241/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3711 SW 27th Terrace, Miami, FL?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3711 SW 27th Terrace, Miami, FL. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 3711 SW 27th Terrace, Miami, FL?
- Often, yes. The right offer on 3711 SW 27th Terrace, Miami, FL depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Real Broker LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 1, 2026.
$2,900,000
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Listed by Richard M DiPietro, Real Broker LLC
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