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Office, Commercial Sale
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%.
This office home located at 2650 SW 27th Ave, Miami FL 33133 is currently for sale and has been available on Brickellsold for 8 days. This property is listed at $8M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1972. 2650 SW 27th Ave, Miami FL 33133 is in Miami county Miami-Dade County.
