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    42 27Th Ave Miami, FL 33125

    For Lease
    $30 SF/Yr

    Modern Miami office suites, flexible layouts.

    Lot size:
    67,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Miami office building at 42 NW 27th Ave offers a variety of spaces to lease, perfect for businesses seeking flexible and modern work environments. The property, totaling 67,055 square feet, boasts newly renovated suites with updated flooring, air conditioning, and baseboards. Multiple configurations are available, with a minimum leasable space of 1,000 square feet and a maximum contiguous space of 13,581 square feet currently available. The building features four stories, 88 parking spaces, and elevators for convenient access. Located in Miami-Dade County, Florida, (zip code 33125), this property benefits from a T6-8-O zoning designation. The building underwent renovations in 2023, offering tenants modern amenities. Utilities are included in the gross lease rate, plus sales tax. Landlord incentives include free rent concessions during tenant build-out periods. Currently, 13,581 square feet is vacant, primarily located on the third floor, offering exceptional city views. The building sits on a 21,250 square foot lot and was originally constructed in 1972. This property is ideal for traditional, medical, or creative office uses. Ample parking is available at ground level. The property is conveniently located and offers a variety of lease options to suit diverse business needs.

    Property Features for 42 27Th Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,055 SF
    Total Rate
    167637.5

    Building Details

    Year Built/Renovated
    1972/2023
    Stories
    4

    Unit(s) available at that property

    Space
    SUITE 305
    Size
    3,652 SF
    Rate per SF
    $30
    Space
    SUITE 304
    Size
    2,496 SF
    Rate per SF
    $30
    Space
    SUITE 301
    Size
    965 SF
    Rate per SF
    $30

    HighLights

    • 67,055 SF Miami office building with newly renovated suites available for lease.
    • Multiple configurations available, from 1,000 SF to 13,581 SF contiguous.
    • Four‑story building with 88 surface parking spaces and elevators.
    • Landlord offers free rent concessions during tenant build‑out.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AG Medical Center Doctor Continental Medical Services ... Physical Therapy Clinic Del Toro Insurance Insurance Agency Hibiscus Properties Inc Property Management Company Advantage Rehabilitation Center Physical Therapy Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2395302
    Latitude
    25.7730524

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    FAQs

    What type of property is this?
    Office space - Modern Miami office suites, flexible layouts.
    Where is this office space located?
    The property is located at 42 27Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 67,055 SF Miami office building with newly renovated suites available for lease.; Multiple configurations available, from 1,000 SF to 13,581 SF contiguous.; Four-story building with 88 surface parking spaces and elevators.
    Request Owner's contact information
    42 27Th Ave Miami, FL 33125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    42 27Th Ave Miami, FL 33125
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