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    1959 SW 27Th Ave Miami, FL 33145

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    For Sale
    $1,999,999

    Two commercial lots in thriving urban corridor, ideal for development.

    Lot size:
    0.23 Acres

    Property Features for 1959 SW 27Th Ave

    General Information

    Lot size
    0.23 Acres

    Source: Coldwell Banker Home Lovers Realty Agent Jacqueline Garcia

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

    Overview

    Prime Corner Commercial Lots

    This offering features two adjacent commercial lots totaling 10,230 square feet (4,650 SF + 5,580 SF). The lots are positioned on a prominent corner, offering excellent visibility and accessibility. Zoned T6-8-O, the combined parcels allow for development of up to 8 stories and approximately 50,000 square feet of buildable floor area under the permitted FAR. Located in a sought-after urban corridor, this site is suitable for mixed-use, multifamily, office, or hospitality projects. The corner lot includes a 2,000 square foot structure.
    Location Intelligence

    Current Use by Public Records

    4 beauty aesthetic Plastic Surgeon

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.238061
    Latitude
    25.753032

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    FAQs

    What type of property is this?
    Commercial land - Two commercial lots in thriving urban corridor, ideal for development.
    Where is this commercial land located?
    The property is located at 1959 SW 27Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - Prime corner location offering excellent visibility and accessibility.; - Zoned T6-8-O, allowing for development up to 8 stories and approximately 50,000 SF.; - Located in a highly desirable, thriving urban growth corridor.
    (786) 285-9750
    Request Owner's contact information
    1959 SW 27Th Ave Miami, FL 33145
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    Miami, FL 33145
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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
    1959 SW 27Th Ave Miami, FL 33145
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