2421 Northwest 27th Avenue, Miami, FL 33142
Flex office with two bay doors, two bathrooms, and rear parking for businesses needing practical office-bay access.
- Added:
- May 13, 2024
- Days on Market:
- 787
- Last Refresh:
- Jul 5 at 2:07 am
Property Features for 2421 Northwest 27th Avenue
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1952
Listing office Alterra Realty Group Inc (305) 753-7148
Listing date May 13, 2024
Source Compass
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 Alterra Realty Group Inc
HighLights
- Office, retail building with 1 story, CBS construction, built in 1952
- Includes a large office plus 1 office space and 2 bathrooms
- Two bay doors for office‑bay access
- Rear parking on‑site
- Muni zoned T6‑8‑0
- Owner financing available; loan terms provided upon request
Overview
The property is located at 2421 Northwest 27th Avenue in Miami’s Allapatha area, and the seller notes it is positioned within a high-traffic zone with visibility for customer-facing activity. The site is identified as muni zoned T6-8-0, which may be relevant for buyers considering redevelopment or repurposing opportunities consistent with the zoning designation.
For tenants and owner-operators, the combination of a sizable office, dedicated bay doors, and rear parking can support a range of commercial uses where coordination between front-office functions and back-of-house loading matters. For buyers, the seller states owner financing is available, with loan terms provided upon request.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.3k | $45.00 |
| − Vacancy | −$21.9k | −$6.75 |
| EGI | $124.3k | $38.25 |
| − OpEx | −$31.1k | −$9.56 |
| NOI | $93.2k | $28.69 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Construction Catering Inc — 2472 NW 21st Terrace, Miami, FL 33142
- Nathalie's Catering — 1851 Delaware Pkwy, Miami, FL 33125
- ParriYa — 2637 NW 20th St, Miami, FL 33142
- SuViche Sushi Catering Miami — 2175 NW 24th Ave, Miami, FL 33142
- Lsg Sky Chefs Inc — 3500 NW 24th St, Miami, FL 33142
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.237795
- Latitude
- 25.746712
