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Modern Office Building in Grove
For Lease
$39 SF/Yr

2937 SW 27th Avenue, Coconut Grove, FL 33143

Four-story boutique office building near Coconut Grove MetroRail.

Space Size1,190 SF - 1,771 SF
Property Size52,033 SF
Days on Market244

Property Features for 2937 SW 27th Avenue

General Information

Standard status Active
Size 1,190 SF - 1,771 SF
Class B
Property subtype Office
Lease Term Net of Electric

Building Details

Building Size 52,033 SF
Year Built 1986

Spaces For Lease

at 2937 SW 27th Avenue Contact us

107 $39.50/SF/Yr

Size
1,771 SF
Type
Office Building
Term
Negotiable
Contact us

201 $39.50/SF/Yr

Size
1,190 SF
Type
Office Building
Term
Negotiable
Contact us

305 (Sublease) $39/SF/Yr

Size
1,233 SF
Type
Office Building
Term
Negotiable
Contact us

306 (Sublease) $39/SF/Yr

Size
1,264 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: NAI Miami - Corporate
Listed By: John Erixon
Source: Naiglobal
Added: Dec 22, 2025 Changed: Aug 8 Last Checked: Aug 23 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Miami - Corporate

Investment Insights

Based on property information with market context.

The Grove Forest Plaza is a four-story, 55,000-square foot boutique office building featuring a modern glass exterior. The property is suitable for legal, accounting, and financial firms. Recent renovations include common area restrooms, AC cooling towers, a digital lobby directory, and building security cameras. Air-conditioning is tenant controlled and landlord maintained. The building is professionally managed with on-site maintenance. Free visitor parking is available, along with reserved covered tenant parking in the building garage. The property is located on 27th Avenue, just south of US-1, and is within walking distance of the Coconut Grove MetroRail Station. The location provides convenient access to restaurants, shopping, and hotels. The property size is 52,033 square feet.

Key Highlights

  • Free visitor and reserved covered tenant parking in building garage.
  • Walking distance to the Coconut Grove MetroRail Station.
  • Recently renovated common areas (restrooms, AC cooling towers, digital lobby directory, security cameras).

Property Analytics

Current Use

Eric Cohen PA Law Firm John Hancock Life ... Insurance Agency GROVE HEALTH INSURANCE Insurance Agency Vakita Enterprises, Inc. Grocery & Convenience Store Bonefish & Tarpon Trust Charitable Organization

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Tanning Salon Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,275
Businesses Nearby

Demographics for 33143, FL

34,853
Population
15,374
Households
2.3
Avg Household Size
41
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
4,468
Density / Sq Mi
$80,924
Median Household Income
$52,864
Median Earnings
$1,823
Median Rent
$768,900
Median Home Value

Market

Lease Benchmarks for Coconut Grove, FL

$43.21 /SF/Yr
Avg Asking Price
$12–$95 /SF/Yr
Price Range
26,068 SF
Avg Space Size

This space is priced 10% below the average of $43.21 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Four-story boutique office building near Coconut Grove MetroRail.
Where is this office building located?
The property is located at 2937 SW 27th Avenue Coconut Grove, FL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: Free visitor and reserved covered tenant parking in building garage.; Walking distance to the Coconut Grove MetroRail Station.; Recently renovated common areas (restrooms, AC cooling towers, digital lobby directory, security cameras).
More about this property
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