Shovel Ready Coconut Grove
For Sale
$8,000,000
2940 Oak Avenue, Miami, FL 33133
Fully entitled office development opportunity in the heart of Coconut Grove.
Property Size6,618 SF
Price / SF$1,208
Days on Market334
Property Features for 2940 Oak Avenue
General Information
Standard status
Active
Size
6,618 SF
Class
A
Property subtype
Office
Zoning
T 5 0
Building Details
Building Size
6,618 SF
Year Built
2025
Listing Agency:
RE/MAX
(305) 450-5992
Listed By:
Agustin Duarte · License #A11825546
(305) 450-5992
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 24 at 3:10AM
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 RE/MAX
Investment Insights
Based on property information with market context.
An exceptional, fully entitled office development opportunity is available in the thriving South Florida market. The property is envisioned as a 5-story office building encompassing approximately 27,556 square feet. The design includes five floors in total, featuring a ground floor dedicated to commercial space and four full office floors, plus an impressive rooftop area, in the heart of Coconut Grove. The property's location is exceptional, situated in the coveted Coconut Grove Oak Avenue corridor. The site was demolished in 2023 and is shovel ready. The property is 6,618 square feet (0.152 acres) and zoned T 5 - O. The parcel number is 01-4121-034-0310.
Key Highlights
- "Shovel Ready" Fully Entitled Office Development Opportunity: Eliminates lengthy approval processes.
- Prime Coconut Grove Location: Situated in the desirable Oak Avenue corridor.
- Approved for a 5‑Story Office Building: Encompasses approximately 27,556 square feet, including commercial space, rooftop area, and four office floors.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,242
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Office space - Fully entitled office development opportunity in the heart of Coconut Grove.
Where is this office space located?
The property is located at 2940 Oak Avenue Miami, FL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: "Shovel Ready" Fully Entitled Office Development Opportunity: Eliminates lengthy approval processes.; Prime Coconut Grove Location: Situated in the desirable Oak Avenue corridor.; Approved for a 5‑Story Office Building: Encompasses approximately 27,556 square feet, including commercial space, rooftop area, and four office floors.
