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Condominium
$329,900$528 / sqft
2575 SW 27th Ave # 506, Miami FL 33133
Listed
2
Bedrooms
2
Bathrooms
625 sqft
Interior
1991
Year built
$490 / mo
HOA
Condominium
Type
About this home
LOCATION, LIFESTYLE & VALUE. An opportunity that is increasingly hard to find in Miami. Strategically located between US-1 and Coral Way, just two blocks from Metrorail and minutes from Coconut Grove, Coral Gables, Brickell, and Downtown Miami. Everything is within easy reach: supermarkets, restaurants, schools, hospitals, and everyday essentials. In less than 10 minutes, you can be enjoying Biscayne Bay and the Coconut Grove lifestyle, with its waterfront parks, marinas, dining, and vibrant atmosphere. The open views toward the Brickell skyline, great natural light, functional layout, and low maintenance add value to a property offered at a price that is becoming increasingly difficult to find in this area. Ideal for investors or first-time homebuyers looking for a prime location, convenience, connectivity, and potential in the heart of Miami. View. Location. Convenience. Lifestyle. Value. It all starts with the right location.
Features
- First Floor Entry
- Elevator
- None
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 360 days
- Leases permitted per year
- 1
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Coconut Grove, from 29 active listings; the middle half ask $2,850–$12,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.