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2650 27th Ave, Miami, FL 33133

Offering:
For Sale
Location:
Miami, FL 33133
Status:
Active
$8,000,000

Deemed reliable but not guaranteed.

Details
Year built:
1972
Lot size:
18,600 sq ft
Days on market:
122
Type:
Office
MLS ID
A11970621
Virtual tour:
Listed by:
Hawkins Commercial Realty (HWCR01)
Listing office phone:
786-581-7990
Listing office email:
Listing agent:
James Hawkins (3312602)

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%.
Price history
$8,000,000 → $8,000,000 · 1 price changes

Location

2650 SW 27th Ave
Miami, FL 33133
MLS information

Last updated Jun 25, 2026

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