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Home / Listings / A12119858

215 NE 27th St

Miami, FL 33137

MLS# A12119858

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Property Details

Bedrooms

Bathrooms

Square Feet

2,159

Year Built

1923

Property Type

Income/MultiFamily

Status

Active

Description

Fausto Commercial presents 215 NE 27th Street, a three-unit Edgewater property available to a single operator under a master lease. The structure is built for operators who want scale without assembling units building by building: one landlord, one lease, six bedrooms across three self-contained units. The main building has a ±1,075 SF three-bedroom, two-bath unit and a ±820 SF two-bedroom, one-bath unit. Both feature fully updated kitchens and baths and in-unit laundry. A detached ±264 SF one-bedroom cottage completes the property, with laundry available separately. All three units have private entrances and their own outdoor space. Electric and water are separately metered, which keeps operating costs clean and unit-level tracking simple. On-site parking is available, with additional street parking. The location supports furnished short-term and mid-term use, drawing on visitors to Wynwood, Midtown and the Design District, event demand around Art Basel and Miami Music Week, and corporate and medical travelers working near Downtown and Brickell. The property is zoned T6-36A-O, where lodging is permitted by zoning. Asking rent is $7,500 per month, modified gross. Multi-year terms preferred. Tenant is responsible for verifying and obtaining all licenses, permits and approvals required for its intended use.

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