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$1,099,000
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Property Description
Prime Investment Opportunity: Charming Triplex in Prime Location Between Coral Gables and Coconut Grove! Nestled on a quiet, no-through street with minimal traffic, this well-maintained triplex offers an ideal blend of steady rental income and strong upside potential. Perfect for investors seeking reliable cash flow in one of Miami's most desirable areas. The two-story front building features two spacious 2-bedroom/1-bathroom units, each with inviting eat-in kitchens, generously sized bedrooms filled with abundant natural light, and efficient central A/C for year-round comfort. A detached rear cottage provides a large 1-bedroom unit with an open-concept floor plan, private parking, and a serene feel. All three units share a lush, inviting yard space-perfect for relaxation-plus a convenient full-size washer and dryer. Long-term tenants in place ensure immediate income, with room to increase rents in as-is condition. Even greater potential awaits with cosmetic renovations or updates. Exceptional walkability to public transportation, shopping, dining, and the vibrant lifestyles of Coral Gables and Coconut Grove. Don't miss this rare chance to own a solid performer in a high-demand neighborhood!1.7sFast45 sources Owner may do short term owner financing with high down payment
Full Property Details
Full Property Details for 3741 SW 27th Terrace
General
- Price: $1,099,000
- Taxes: $14,177 (2025)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A11938613
- Updated: 1/5/2026
- Added to Site: 12 day(s) ago
Rental Information
- Rent Includes: Gardener, Sewer, Trash Collection, Water
Parking
- Total Spaces: 5
Location
- Area: Gables Manor Sub
- County: Miami-Dade County
- Subdivision: GABLES MANOR SUB
- Building Name: GABLES MANOR SUB
- Driving Directions: On SW 27 Te, access from SW 37 Avenue (Douglas Rd). Please do not disturb tenants. Showings on Wednesday and Thursdays before 1P. Owner pays for water/sewer, trash and electricity & cable for two units. Two electric meters for 3 units.
Community
- Community Name: Gables Manor Sub
- Units Assoc/Comm: 3
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Single Hung Metal
- Stories/Levels: 2
- Building Size: 2134
- Square Feet: 2,090
- Living Area: 2,090 Sq. Ft.
- Year Built: 1947
Unit Information
- Units in Complex: 3
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
Financial Considerations
- Price Per Sq. Ft.: $525.84
- Tax Amount: $14,177
- Tax Year: 2025
- Terms: All Cash, Owner Will Carry
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: 17 54 41 GABLES MANOR SUB PB 47-36 LOT 6 BLK 3 LOT SIZE 60.000 X 114 OR 14746-3148 1090 1
- Property ID: 01-41-17-001-0330
Listed by Compass Florida, LLC
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Schools
Schools serving 3741 SW 27th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frances S. Tucker Elementary School 3500 Douglas Road, Miami, FL 33133 | PK-5 | 1 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3741 SW 27th Terrace
Date
Details
Price
Change
Source
1/05/2026
Listed
$1,099,000
197.03%
MLS
8/13/2013
Sold
$370,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3741 SW 27th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,135
8%
$777,179
22%
2023
$12,178
25%
$636,352
55%
2021
$9,725
-13%
$411,284
-28%
2022
$11,157
15%
$574,079
39%
2021
$9,725
-1%
$413,695
3%
2019
$9,818
7%
$401,724
10%
2018
$9,148
12%
$365,204
10%
2017
$8,173
-3%
$332,004
-1%
2016
$8,439
1%
$334,414
3%
2015
$8,325
10%
$323,144
14%
2014
$7,583
35%
$284,109
44%
2013
$5,602
—
$196,998
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3741 SW 27th Terrace
3741 SW 27th Ter, Miami, FL 33134 (MLS# A11938613) is a Triplex property with 0 bedrooms and 0 full bathrooms. 3741 SW 27th Ter is currently listed for $1,099,000 and was received on January 05, 2026. Want to learn more about 3741 SW 27th Ter? Do you have questions about finding other Triplex real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

