2650 SW 27th Avenue, Miami, FL 33133
Listing Snapshot
| List Price | $8,000,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.43 acres |
| Year Built | 1972 |
| MLS # | 1153400733 |
| Status | Active |
| Days on Market | 88 |
About This Home
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%.
General Features
- Property Type
- CommercialSale
- Sub-type
- Office
- Zoning
- 6101
Interior Features
Exterior Features
Community Features
- MLS Area
- 2410
Map
Virtual Tour
View Virtual TourMLS# 1153400733 · BEACH
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20% down · Loan: $6,400,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.