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3-Unit Retail Space
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For Sale
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2-4634 Nw 27th Ave, Miami, FL 33125

Multiple rooms and a private restroom serve the property’s three available commercial units.

Property Size3,399 SF
Price / SF$0.01
Days on Market6

Property Features for 2-4634 Nw 27th Ave

General Information

Standard status Active
Size 3,399 SF

Site & Location

Neighborhood West Little Havana
Road Access Yes

Taxes and HOA fees

Annual Taxes $6,681

Amenities

multiple rooms
private restroom
modern flooring

Building Details

Tenancy Multi
Listing Agency: Black Swan Home Group LLC
Listed By: Daylin Pena Roman · License #3650351
Source: Exprealty
Added: Oct 31 Changed: Nov 4 Last Checked: Nov 4 at 3:15PM

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 Black Swan Home Group LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The retail property at 2-4634 NW 27th Ave in Miami comprises three vacant units. They can be leased individually or combined into a larger space. The interior includes multiple rooms, a private restroom, and updated flooring.

The property is near an established residential community, providing a nearby residential setting for businesses considering the space.

Key Highlights

  • Three vacant retail units can be leased separately or combined
  • Multiple rooms and a private restroom
  • Flooring is described as modern

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,895
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,217,900 $2.2M
Cap Rate 7%
$1,584,214 $1.6M
Cap Rate 9%
$1,232,167 $1.2M
Market Conditions
NOI Build-Up for 3,399 SF
Gross rent
$176.6K $51.96/SF
− Vacancy
−$18.2K −$5.35/SF
EGI
$158.4K $46.61/SF
− OpEx
−$47.5K −$13.98/SF
NOI
$110.9K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,217,900
Cap Rate 7%
$1,584,214
Cap Rate 9%
$1,232,167

Alternative Uses

Best Use
Retail
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,895 @ 7.0% cap · market cap 504,068.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,604 @ 7.0% cap · market cap 730,018.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Acupuncture Arcade & Gaming Center

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,085
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value

Market

Average Price Trend$/SF for Retail space in Miami, FL

$491 Jul
$546 Aug
$445 Sep
$413 Oct

Properties on Market for Retail space in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Multiple rooms and a private restroom serve the property’s three available commercial units.
Where is this retail space located?
The property is located at 2-4634 Nw 27th Ave Miami, FL.
What are key features of this property?
This property features: Three vacant retail units can be leased separately or combined; Multiple rooms and a private restroom; Flooring is described as modern
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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