About 2650 Sw 27th Avenue
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%.
Features of 2650 Sw 27th Avenue
| MLS® # | A11970621 |
|---|---|
| Price | $8,000,000 |
| Acres | 0.43 |
| Year Built | 1972 |
| Type | Commercial |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 2650 Sw 27th Avenue |
|---|---|
| Area | 2410 |
| City | Miami |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33133 |
| HOPA | No Hopa |
Additional Information
| Zoning | 6101 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Hawkins Commercial Realty |
|---|