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1675 SW 27th Ave 5,703 SF 100% Leased Office Building Miami, FL 33145 $2,495,000 ($437.49/SF) 3.13% Cap Rate
INVESTMENT HIGHLIGHTS
- Private and secure freestanding building located just 10 minutes from Miami International Airport, Coconut Grove, Coral Gables, and Downtown Miami.
- Conveniently within walking distance to restaurants, dry cleaners, banks, a car wash, gas stations, grocery stores, Home Depot, public transportation,
- Features include an open kitchen with direct access to an outdoor terrace, two bathrooms (one with a shower), abundant natural light, covered parking,
EXECUTIVE SUMMARY
Located in the heart of Miami's Coral Way district, 1675 SW 27th Ave is a modern, freestanding two-story office building offering 5,878 sq. ft. of versatile space. Built in 2012, this property combines functionality with contemporary design, making it ideal for medical or professional use. The building includes 12 secure parking spaces, providing rare convenience in a prime location. Currently, the property is occupied by a tenant with a lease set to expire in March 2026, offering immediate income potential for investors or future occupancy flexibility.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,703 SF
Building Class
C
Year Built
2012
Price
$2,495,000
Price Per SF
$437.49
Cap Rate
3.13%
NOI
$78,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,764 SF
Slab To Slab
12’
Building FAR
1.09
Lot Size
0.12 AC
Zoning
T6-8-O - 1813 OFFICE BUILDING - MULTISTORY : OFFICE BUILDING
Zoning Code:T6-8-O - Land Use:113 Office Bld
Urban Development: INSIDE URBAN DEVELOPMENT BOUNDARY
Parking
12 Spaces (2.1 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Kitchen
- Storage Space
- Bicycle Storage
- Central Heating
- DDA Compliant
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Open-Plan
- Partitioned Offices
- Reception
- Recessed Lighting
- Secure Storage
- Shower Facilities
- Drop Ceiling
- Wi-Fi
- Yard
- Outdoor Seating
- Air Conditioning
- Balcony
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 01-4110-002-2680 | Improvements Assessment | $576,105 |
| Land Assessment | $780,000 | Total Assessment | $1,356,105 |
PROPERTY TAXES
Parcel Number
01-4110-002-2680
Land Assessment
$780,000
Improvements Assessment
$576,105
Total Assessment
$1,356,105
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1675 SW 27th Ave
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