2650 SW 27th Avenue, Miami, FL 33133
- $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: Array
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City: Miami
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State/county: Miami-Dade
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Zip/Postal Code: Array
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Area: Miami
Details
Updated on August 27, 2026 at 12:50 am-
Property ID Array
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Price $8,000,000
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Land Area 0.43 Sq Ft
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Year Built 1972
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Property Type Office
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Property Status Commercial Sale
Additional details
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Building Area Total 20335
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Business Type Professional Service
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Days On Market 122
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ListAgentURL http://www.hawkinscre.com
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Lot Size Area 18600
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Mobile Dim Units Feet
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Occupant Type Call Agent
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PossibleUse Service
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Street Suffix Avenue
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Zoning 6101
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