$8,000,000

2650 SW 27th Ave, Miami, FL 33133

  • 20,335 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $393/sqft
  • Property List Date Icon Listed 1 month ago

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%.

Listing Status:
Active
Date Added:
February 23, 2026
Data Last Updated:
April 5, 2026 at 3:07PM
Listing Office:
Hawkins Commercial Realty : 786-581-7990
Listing Agent:
James Hawkins : 305-790-6560
MLS ID:
A11970621
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 6101SOUTH BAY ESTS PB 5-54 LOTS 7-10 LESS E25FT BLK 1 LOT SIZE 200.000 X 93 OR 12593-2239 0785 501-41-16-023-0060
  • Source: Miami Association of REALTORS®

This listing courtesy of James Hawkins , Hawkins Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Silver Bluff Elementary School

2609 SW 25th Ave, Miami, FL, 33133

Grades PK-5

0.21 miles away

M

Mater Grove Academy

2805 SW 32nd Ave, Miami, FL, 33133

Grades KG-8

0.48 miles away

I

International Studies Virtual

2480 SW 8th St, Miami, FL, 33135

Grades 6-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.