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    2937 27Th Ave Miami, FL 33133

    For Lease
    $38 SF/Yr

    Miami Office Suites, 1,312-3,356 SF

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Grove Forest Plaza, a four-story, 50,000-square-foot Class B office building in Miami, FL (33133), offers multiple suites ranging from 1,312 to 3,356 contiguous square feet, with a total of 4,668 square feet currently vacant. This modern building boasts a glass exterior and features recently renovated common area restrooms, updated AC cooling towers, a digital lobby directory, and security cameras. Tenants enjoy tenant-controlled, landlord-maintained air conditioning, reserved covered parking in the building garage, and access to building storage space. Free visitor parking is also available in the garage. The building is professionally managed with on-site maintenance. Located on 27th Avenue, just south of US-1, it's within walking distance of the Coconut Grove MetroRail Station and offers convenient access to restaurants, shopping, and hotels. The building is ideally suited for legal, accounting, and financial firms, offering beautiful professional offices with spectacular views.

    Property Features for 2937 27Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Class
    B
    Total Rate
    160416.67

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Suite 203
    Size
    2,485 SF
    Rate per SF
    $38
    Space
    Suite 306
    Size
    1,264 SF
    Rate per SF
    $39
    Space
    Suite 305
    Size
    1,233 SF
    Rate per SF
    $39
    Space
    Suite 201
    Size
    1,190 SF
    Rate per SF
    $38
    Space
    Suite 301
    Size
    3,336 SF
    Rate per SF
    $38

    HighLights

    • Four‑story, 50,000‑square‑foot Class B office building in Miami, FL (33133).
    • Modern glass building with spectacular views, ideal for legal, accounting, and financial firms.
    • Available suites range from 1,312 to 3,356 contiguous square feet; 4,668 square feet currently vacant.
    • Recently renovated restrooms, AC towers, digital directory, and security cameras; tenant‑controlled HVAC, reserved covered parking, and building storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eric Cohen PA Attorney John Hancock Life ... Insurance Agency GROVE HEALTH INSURANCE Health Insurance Agency Vakita Enterprises, Inc. Convenience Store Bonefish & Tarpon Trust Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.237268021201
    Latitude
    25.737193374847

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    FAQs

    What type of property is this?
    Office Property / Space - Miami Office Suites, 1,312-3,356 SF
    Where is this office property / space located?
    The property is located at 2937 27Th Ave Miami, FL.
    What is the lease rate?
    The lease rate is $38-$39 SF/Yr.
    What are key features of this property?
    This property features: Four-story, 50,000-square-foot Class B office building in Miami, FL (33133).; Modern glass building with spectacular views, ideal for legal, accounting, and financial firms.; Available suites range from 1,312 to 3,356 contiguous square feet; 4,668 square feet currently vacant.
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    Miami, FL 33133
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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
    2937 27Th Ave Miami, FL 33133
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