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Pinnacle Real Estate Group – FL

2650 SW 27th Avenue, Miami, FL 33133 (MLS# A11970621)

2650 SW 27th Avenue, Miami, FL 33133

$8,000,000
Property Type: Commercial Sale Square Footage: 20,335 Status: Active
Current Price: $8,000,000 List Date: 2/23/2026 Last Modified: 6/25/2026

Overview

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 Details MLS# A11970621

General Property Information

Property Sub Type
Office
Occupant Type
Call Listing Agent
Building Area Main
20335
Year Built
1972
Lot Size Area
18600
Lot Size Acres
0.43

Property Features

Business Type: Professional Service Structure Type: Office

Contract Information

Comp Sale YN
No
Original List Price
8000000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
2650
Street Direction Prefix
SW
Street Name
27th
Street Suffix
Avenue
City Name
Miami
State Or Province
FL
Postal Code
33133
Postal Code +4
3003
Area
2410
Parcel Number
0141160230060
Subdivision Number
23
Zoning
6101
Flood Zone
X

Financial Information

Tax Legal Description
SOUTH BAY ESTS PB 5-54 LOTS 7-10 LESS E25FT BLK 1 LOT SIZE 200.000 X 93 OR 12593-2239 0785 5

Status Change Information

Major Change Timestamp
2026-02-23T05:00:00Z
Major Change Type
New Listing
Status Change Date
2026-02-23

More Information

Price Calculations

Current Price To SqFt
393.41

Section Details

Parcel Number MLX
0060

Originating Details

Originating System Key
428552994
Originating System ID
M00000151
IDX
Listing Office: Hawkins Commercial Realty
Last Updated: June - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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