Commercial
Office
Type
1972
Built
Listing courtesy of
Hawkins Commercial Realty
James Hawkins
MLS® #A11970621
Listing information last updated June 25, 2026
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Overview
This office in Coconut Grove is listed for sale at $8,000,000. Built in 1972.
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 history
Listed for sale
Feb 23, 2026 · MIAMI MLS
$8,000,000
Days on market
as of today
148 days
Property details
Location
2650 SW 27th Ave, Miami FL 33133
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 148 days on market.
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