2650 SW 27th Ave, Miami, Florida 33133
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$8,000,000

Office for Sale, 2650 SW 27th Ave, Miami, Florida 33133

  • MLS#A11970621

Listed By Hawkins Commercial Realty

The Office for Sale located at 2650 SW 27th Ave, Miami, Florida 33133 is currently for sale.

Date Updated : Sep 1, 2026

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

2650 SW 27th Ave, Miami, Florida 33133

2650 SW 27th Ave, Miami, Florida 33133

Property features

Lot/Land

  • Land/Lot size: 1,728 m² (18,600 ft²)

Construction

  • Year built: 1972