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1800 SW 27th Ave
Miami, FL 33145
Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
36,459 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
8,620 SF
Slab To Slab
10’
Building FAR
1.29
Lot Size
0.65 AC
Zoning
T6-8-O - Permits a maximum of 8 story Commercial Business
Parking
100 Spaces (1.93 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

ABOUT 1800 SW 27TH AVE , MIAMI, FL 33145

Marcus & Millichap is proud to present 1800 Professional Center, a six-story office building located in Miami, Florida. This building consists of 33,407 rentable square feet with 45 covered parking spaces on the first floor and a garage below ground that counts 62 spaces, totaling 107 spaces. This property is located directly on SW 27th Avenue, which has traffic counts of over 39,000 vehicles per day (VPD). This accessible location provides easy access for customers and employees to and from Coral Gables, Miami International Airport (MIA), Downtown Miami/Brickell, and Coconut Grove. 1800 Professional Center has been well maintained and provides professional curb appeal, ample covered parking, and high visibility signage opportunities. The building is currently 84.20% occupied by a mix of professional tenants on short-term leases at below market rents. This provides an excellent value-add opportunity and allows for an investor to lease the building at significantly higher rents and occupancy. The interior of the building consists of private offices and open floor space allowing for a range of uses and easy configuration. It is an ideal layout for professional or medical tenants. This asset is extremely easy to manage and there is typically a long list of tenants looking to occupy the building given the location, convenience, and overall condition of the property.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-4109-040-0250
Land Assessment
$4,238,100
Improvements Assessment
$1,361,900
Total Assessment
$5,600,000
  • Listing ID: 14944839

  • Date on Market: 1/22/2019

  • Last Updated:

  • Address: 1800 SW 27th Ave, Miami, FL 33145

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