Commercial Real Estate Property For Sale In Miami

1800 27th Ave Miami, FL 33145
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$11,000,000

  • 1986 Year Built
  • Jun 29, 2025 Listing Date

MLS #

:

A11830436

Price

:

$11,000,000

Status

:

Listing Date

:

Jun 29, 2025

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1986

Taxes

:

$114,499 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Prime medical and professional office building for sale in a strategic Miami location between Coral Gables, Coconut Grove and Brickell. Rental rates below market value at an average of $25 psf gross with utilities included. Currently 99% occupied, with approximately 73% of tenants in the medical sector and 27% in professional uses. It features 100 parking spaces, including four double spaces, providing excellent convenience for tenants and visitors. 36,459 rentable square feet. Originally built in 1986 and fully renovated in 2017, the building has benefited from over $1 million invested into modernizing common areas and building systems, with immediate cash flow and significant value-add potential through leasing at market rents.

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