Exceptional investment opportunity in the highly desirable Silver Bluff neighborhood! Situated on an oversized 7,150-square-foot lot—larger than many properties currently available in the area—this income-producing property offers three residential units configured as one 2-bedroom/1-bath residence and two 1-bedroom/1-bath units. Two of the units have been renovated, while the third offers additional value-add potential. The property currently generates approximately $5,800 per month in rental income. Located on a quiet residential street surrounded by newly built homes, this property is just minutes from Brickell, Coral Gables, Coconut Grove, Key Biscayne, and Biscayne Bay, with easy access to major highways, shopping, dining, parks, and Miami's top employment centers. Whether you're an investor seeking steady cash flow or a buyer looking for a property with strong long-term appreciation potential, this is a rare opportunity to own an oversized parcel in one of Miami's fastest-growing neighborhoods.
Silver Bluff, located between Coconut Grove and Coral Way, is a residential and historic Miami neighborhood with a leafy street grid and a low-rise, bungalow-lined feel. The neighborhood’s character concentrates around the US-1 and SW 27th Ave corridor, where corner cafes, small markets, and longtime storefronts set a steady, local rhythm. Community pillars include Ariete, Lokal, and the Coconut Grove Playhouse nearby for dining and culture. Streets mix early-20th-century homes with updated infill, framed by mature trees and pocket gardens. Sidewalks and short blocks support walking and biking toward the Grove’s waterfront. The atmosphere reads calm and lived-in, with a polished, low-key pace.
Provided by Walk Score and Local Logic
Offer insights
$1,380,000
$1.35M and above
75% chance or better to win
Why $1.35M+ is a strong offer
DAYS ON MARKET
131 days
The average home goes pending in 66 days.
SALE-TO-LIST
96.0%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Unfurnished
Bedroom on main level
First floor entry
Bedrooms
Bedroom(s) on main level
Bathrooms
3 full bathrooms
Kitchen
Electric range
Refrigerator
Dishwasher
Laundry & utility
Washer
Dryer
Laundry facilities in community
Flooring
Ceramic tile
Heating & cooling
Wall/window cooling units
Exterior features
No exterior features listed
Lot less than quarter acre
Approximately 7,150 sq ft lot
Home design
Single-story
Faces north
Entry on first floor
Parking
No parking details provided
Security
No security features listed
Construction
Stucco exterior
Shingle roof
Effective year built
Utilities
Public water
Public sewer
HOA & community
Community laundry facilities
Financial info
Annual tax amount listed (financial details excluded from features)
Electricity and solar
View estimated energy costs and solar savings for this home
The Sub-Urban Zone consists of low-Density areas, primarily comprised of Single-Family and Two Family residential units with relatively deep Setbacks, Streetscapes with swales, and with or without Sidewalks. Blocks may be large and the roads may be of irregular geometry to accommodate natural and historic conditions.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33133
Average low and high temperatures (°F)
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66
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Feb
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Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $750,000 and $1,375,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $750K to $1.4M.