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$8,000,000
Active2650 SW 27th Ave
Miami, FL 33133
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%.
Property Details
- Acres
- 0.427
- Lot Size (sqft)
- 18600.0
- Property Type
- Purchase
- Year Built
- 1972
- County
- Miami-Dade County
- Region
- Miami
- Zoning
- 6101
- Original List Price
- $8,000,000
- MLS #
- A11970621
- Property Subtype
- Office
- Parcel Number
- 01-41-16-023-0060
- MLS #
- A11970621
- Date Listed
- February 23, 2026
- Address
- 2650 SW 27th Ave
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: Oct 9, 2026 11:07 PM. Source: MAOR
Listing Broker: Hawkins Commercial Realty; James Hawkins; james@hawkinscre.com
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