2650 SW 27th Ave, Miami FL 33133
$8,000,000
Est. Payment $42,579/mo
1972
Year Built
8
Days on Market
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%.
Facts
- MLS#
- A11970621
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Office
- Year Built
- 1972
- Lot Size
- 18,600 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 8 days
- Listed
- Feb 23, 2026
- Last Updated
- Mar 3, 2026
- Price/Lot Sq.Ft.
- $430/ft²
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 2/23/2026 | Listed for sale | $8,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Dr. Gilbert L. Porter Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.7 mi
- Islamic School of Miami
KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
- Learning Links School House
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.1 mi
- World Hope Academy
9,10,11,12 · private · 1.2 mi
- Hammocks Middle School
6,7,8 · public · 1.3 mi
- Jorge Mas Canosa Middle School
6,7,8 · public · 1.5 mi
- Christina M. Eve Elementary School
PK,KG,1,2,3,4,5 · public · 1.5 mi
- Miami Baptist School
PK,KG,1 · private · 1.5 mi
- Town Center Preschool
PK,KG,1,2,3,4,5,6 · private · 1.5 mi
- Felix Varela Senior High School
9,10,11,12 · public · 1.6 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$49,396/mo
Principal & Interest
$42,579
Property Tax
$6,667
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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