2650 SW 27th Ave, Miami, FL 33133
2650 SW 27th Ave, Miami, FL 33133
2650 SW 27th Ave, Miami, FL 33133
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$8,000,000
Est. payment /mo
20,335 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 20,335 sqft

Price per Sqft $393

MLS Listing ID A11970621

HOA Y/N No

Year Built 1972

Lot Size 0.427 Acres

Property Sub-Type Office

Property 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%.

Location

State FL

County Miami-dade

Area 41

Zoning 6101

Exterior

Private Pool Yes

Others

Tax ID 01-41-16-023-0060

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11970621

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Hawkins Commercial Realty

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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2650 SW 27th Ave