2650 SW 27th Ave, Miami FL 33133 | Miami-Dade County | A11970621
- $8,000,000
- $8,000,000
Description
Strategically positioned on the northern perimeter of the Coconut Grove Metrorail transit area, this high-visibility asset falls well within the radius qualifying for Transit Station Neighborhood District designation – opening the door to density upside on its current T5-O zoning. The building’s first floor is primarily covered parking, with 96% of rentable area concentrated on the second and third floors. Existing short-term leases provide immediate income while preserving flexibility for repositioning. Floor plans, survey, and lease details are available upon request. Projected stabilized cap rate – applying market rents with reasonable assumptions for vacancy, management, maintenance, reserves, and leaseup costs – exceeds 6%.
Address
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Address: 27th Ave
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City: Miami
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Zip/Postal Code: 33133
Details
Updated on July 2, 2026 at 7:53 am-
Property ID A11970621
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Price $8,000,000
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Year Built 1972
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Property Status Active, Commercial Sale
Additional details
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Association No
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Private Pool No
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Waterfront No
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Building Area 20335
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Flood Zone X
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New Construction No
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Lot Size (Sq Ft) 18600
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