Assets Detail

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 ±1,080 SF three-bedroom, two-bath unit and an 815 SF two-level, two-bedroom, one-and-a-half-bath unit, both with in-unit laundry. A detached ±264 SF one-bedroom cottage completes the property, with laundry available separately. The units feature updated kitchens and baths, wood-look plank flooring and modern lighting. Each has a private entrance and its own fenced patio, and electric and water are separately metered, which keeps operating costs clean and unit-level tracking simple. The property includes 6 dedicated off-street parking spaces, 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.

One lease, three units: 3/2, two-level 2/1.5 and a detached 1/1 cottage (6 beds / 4.5 baths)

Updated kitchens and baths; in-unit laundry in both main units

Separate entrances, private fenced patios, separately metered electric and water

On-site and street parking

T6-36A-O zoning with lodging permitted by zoning

$7,500/month, modified gross