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Seven-Story Office Building
For Sale
$275,000

330 SW 27th Avenue 309, Miami, FL 33135

Free-standing seven-story building with 57 units, offering an available office suite with private kitchen and bath.

Property Size780 SF
Price / SF$352.56
Days on Market165

Property Features for 330 SW 27th Avenue 309

General Information

Standard status Active
Size 780 SF

Additional Details

Highway Access Yes
Office Units 57

Amenities

private kitchen
private bath

Building Details

Year Built 1984
Stories 7
Tenancy Multi
Listing Agency: LAM International Realty LLC
Listed By: Alfonso Lam · License #B26025447
Source: Mymiahomes
Added: May 9 Changed: Oct 7 Last Checked: Oct 7 at 5:28PM

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 LAM International Realty LLC

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Investment Insights

Based on property information with market context.

A seven-story free-standing office building with 57 units. The available unit is configured with a private kitchen and bath, suited for professional or medical office services.

The property is positioned in Miami, west of Brickell, with access to Downtown Miami, Brickell, Coral Gables, Coconut Grove, Miami-Dade College Padron Campus (formerly Inter-American Campus), and Miami International Airport. It is about one mile south of the State Road 836 exit on 27th Avenue.

Bike score is 59 and walk score is 90, indicating strong walkability and moderate bikeability, with a transit score of 47.

Key Highlights

  • 7‑story, free‑standing building built in 1984
  • 57‑unit building with an available office suite
  • Available office suite includes a private kitchen and private bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,376
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,520 $447.5K
Cap Rate 7%
$319,657 $319.7K
Cap Rate 9%
$248,622 $248.6K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$35.1K $45.00/SF
− Vacancy
−$5.3K −$6.75/SF
EGI
$29.8K $38.25/SF
− OpEx
−$7.5K −$9.56/SF
NOI
$22.4K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$447,520
Cap Rate 7%
$319,657
Cap Rate 9%
$248,622

Alternative Uses

Best Use
Office B
$319.7K
$279.7K – $372.9K (±1% cap)
NOI $22,376 @ 7.0% cap · market cap 8.14%
Second Best
Healthcare Medical
$184.5K
$161.5K – $215.3K (±1% cap)
NOI $12,917 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$526.5K
$460.7K – $614.3K (±1% cap)
NOI $36,855 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Rios Medical Center Medical Clinic Dr. Santiago J. ... Dental Office Referral Medical Services Medical Clinic Castro Gayol Julio ... Physician Y L Medical ... Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Carpet & Flooring Store Bar & Pub 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

57
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,494
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Free-standing seven-story building with 57 units, offering an available office suite with private kitchen and bath.
Where is this office building located?
The property is located at 330 SW 27th Avenue 309 Miami, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 7‑story, free‑standing building built in 1984; 57‑unit building with an available office suite; Available office suite includes a private kitchen and private bath
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