MIAMI SHORES SEC 4 AMD PL

427 Grand Concourse, Miami Shores FL 33138

2 beds · 2 baths · 2,029 ft²

For Sale · Active Listing

$1,659,000

5.15%

Est. Payment $8,830/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

2,029

Sq. Ft.

1953

Year Built

2

Garage

57

Days on Market

Description

Located on one of the most desirable streets in Miami Shores, 427 Grand Concourse presents a rare opportunity to secure a prime property in a neighborhood known for its long-term value and charm. Offered at $1,749,000, this residence sits on an expansive lot of nearly 10,000 sq ft, surrounded by some of the most prestigious homes in the area. The existing home offers approximately 2,000 sq ft of living space, making it an ideal option for a buyer looking to move in immediately or take advantage of the lot’s full potential through a thoughtful renovation or new construction. Whether you’re an end-user, investor, or developer, this property allows for multiple strategies in a location where land value continues to rise. Grand Concourse is widely recognized as one of the premier streets in Miami Shores, known for its quiet setting, tree-lined ambiance, and proximity to top schools, parks, and Biscayne Bay. Properties on this street are rarely available and consistently command strong appreciation over time. This is more than just a home—it’s a long-term investment in one of Miami’s most established and sought-after communities. A unique chance to create, renovate, or simply enjoy a property that will continue to grow in value for years to come.

Facts

MLS#
A12013276
Subdivision
MIAMI SHORES SEC 4 AMD PL
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1953
Lot Size
9,750 ft²
Sq. Ft.
2,029 ft²
Sq. Mt.
189 m²
Price per sq. ft.
$818/ft²
Price per sq. mt.
$8,778/m²
Stories
Garage
2 spaces
Pool
Days on Market
57 days
Listed
May 5, 2026
Last Updated
Jul 1, 2026
Price/Lot Sq.Ft.
$170/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Shores

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

44

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).

7/1/2026Price change$1,659,000-5.1%
5/5/2026Listed for sale$1,749,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

427 Grand Concourse, Miami Shores FL 33138Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$10,362/mo

Principal & Interest

$8,830

Property Tax

$1,383

Insurance

$150

HOA

$0

20% ($331,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 23 hours ago

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