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    85-89 NE 27Th St Miami, FL 33137

    For Lease
    $15,200,000

    Located where Midtown, Edgewater, and Wynwood meet, Miami, FL.

    Property size:
    1,274 SF
    Lot size:
    0.74 Acres

    Property Features for 85-89 NE 27Th St

    General Information

    Size
    1,274 SF
    Lot size
    0.74 Acres

    Source: DWNTWN Realty Advisors Agent Joe Fernandez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Building in Urban Corridor

    This freestanding building, situated at the meeting point of Midtown, Edgewater, and Wynwood, offers on-site parking and is located in a core urban corridor experiencing significant residential growth. The property, with a size of 1274 square feet, is suitable for retail, office, creative, or fitness uses. It presents a covered land investment opportunity with value-add income potential. The property has mid-rise development density envelope and transit oriented development and RTZ potential.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1967
    Latitude
    25.802456

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    FAQs

    What type of property is this?
    Office building - Located where Midtown, Edgewater, and Wynwood meet, Miami, FL.
    Where is this office building located?
    The property is located at 85-89 NE 27Th St Miami, FL.
    What are key features of this property?
    This property features: - Prime Location: Where Midtown, Edgewater, and Wynwood Meet; - Freestanding Building with On-Site Parking; - Core Urban Corridor Surrounded by Major Residential Growth
    (305) 310-9062
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    85-89 NE 27Th St Miami, FL 33137
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    Miami, FL 33137
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    85-89 NE 27Th St Miami, FL 33137
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