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Flagler Terrace, 27 SW 55th Avenue Rd
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OFF MARKET
$625,000
1,636
SqFtStatus
OFF MARKETExpired
Size
1,636 SqFt (152 m2)
Price
$382/SqFt ($4,112/m2)
Type
Multifamily
Built
1926
MLS Number
A11967543
On Site
209 Days
Updated
209 Days ago
Page Views
0
RARE INVESTMENT OPPORTUNITY: SECURE A HIGH-YIELD LEGAL DUPLEX GENERATING $6,000 PER MONTH IN GROSS INCOME. Strategically located just off West Flagler, this turnkey income generator is optimized into three distinct rental streams: a spacious 3-bed/1-bath primary residence, a modern attached studio, and a fully detached 1-bed/1-bath cottage.
Capital improvements ensure long-term stability for the savvy investor, featuring a well-maintained roof approximately 12 years old and recent shower updates throughout all units. The rear studio has been meticulously gutted and remodeled with brand-new flooring and contemporary finishes. Every unit offers bright, open living spaces flooded with natural light.
Designed for maximum privacy and utility, the property features a fully fenced lot with separate entrances for each resident and expansive parking. Whether executing a 1031 exchange or expanding a high-performance portfolio, this asset offers immediate returns from Day 1.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Laminate
- Year Built: 1926
- Year Built Description: Effective Year Built
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-02-18T08:32:51.000-00:00
Taxes, Fees & More
- Taxes: 7311
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
02/18/2026
Listed
$625K
$382 ft2
$4,112 m2
02/18/2026
$625K
Event
Listed
Price Per
$382 ft2
$4,112 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael McCourt • Global Investments Realty • Buyer Agency Compensation .
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Scores
80
100
45
100
51
100
74
100
4
100
33
100
1
100
Community Snapshot
2 – 2 BR
Bedrooms
$599K – $599K
Price Tier
624 - 2,901
SqFt Range
1952
Year Build
1
Total Floors
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