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+45 photosGated community home — 2532 SW 27th Street · Silver Bluff Est Sec C · Miami
South Florida Luxury Living
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Open property magazine$997,500
2532 SW 27th Street, Miami, FL 33133
Miami, FL, 33133
5 bd · 5 ba · 1,957 sqft
Listed by Brickell Investment Realty
2532 SW 27th Street, Miami, FL 33133
Listed by Brickell Investment Realty
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Estimated monthly payment
$6,890/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $6,890/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesNestled perfectly between Coconut Grove to the south and The Roads to the north, this highly desirable Silver Bluff Property is perfect for a large family that wants a steadily appreciating, flexible investment opportunity for owner-occupants and seasoned investors alike. Presently set as three separate units, but extremely easy to convert to single 5 bedroom home! This well-laid-out property features two spacious 2-bedroom, 1.5-bathroom units alongside a separate studio apartment, generating a potential gross income of well over $80,000 annually. Each unit is beautifully updated with modern kitchens featuring quartz countertops, renovated bathrooms, sleek laminate flooring, and private in-unit laundry. Residents will appreciate the convenience of dedicated front and rear entrances.Parking is a premium in Miami, and this property delivers fantastic dual access parking. With secure, gated parking in the front, as well as covered, fenced-in parking in the rear. Enjoy unbeatable convenience within walking distance to the 27th Avenue Metrorail station, The Underline, the new Grove Central Shopping Mall, and Shell Lumber. With rapid access to Coral Gables, Brickell, and Miami International Airport, this prime location is truly unmatched. Whether you want to convert the entire property into one living unit or live in one unit and let the others pay your mortgage, or add a high-yield asset to your portfolio, this is it.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 20%
The seller has come down from $1,250,000 to $997,500 — a $252,500 reduction since it came on the market.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $6,890/mo
2532 SW 27th Street, Miami, FL 33133 · Miami
Location
2532 SW 27th Street, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 2532 SW 27th Street, Miami, FL 33133?+
Property tax (after sale): $1,231/month est.; homeowners insurance: $483/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $1,714/month est. Principal and interest: $5,176/month; PMI: $0/month. Total for the payment scenario shown: $6,890/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 2532 SW 27th Street, Miami, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 2532 SW 27th Street, Miami, FL 33133 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 2532 SW 27th Street, Miami, FL 33133?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 2532 SW 27th Street, Miami, FL 33133?+
This listing has been on the market 68 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Sports Leadership And Management Charter School Middle Scho
Middle school · Charter · Grades 6–8 · Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
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