27th Ave Miami, FL 33133
- Retail properties
- 171,795 SF
Current Use by Public Records
- Retail properties
Property Details for 27th Ave
- Property size
- 171,795 SF
- Property type
- Retail properties
Description
Grove Central, a vibrant mixed-use development in Miami, Florida, presents an exceptional retail investment opportunity. Strategically located at the intersection of SW 27th Avenue and US1 in Coconut Grove, this property boasts 171,795 square feet of total building space, with 14,543 square feet currently vacant. The development offers multiple tenancy options, with spaces ranging from a minimum of 2,362 square feet to a maximum contiguous space of 3,218 square feet. The property sits on a sizable 5.2-acre lot and provides ample parking with 1,250 spaces. Its prime location at the Coconut Grove Metrorail Station ensures excellent accessibility, attracting a substantial daytime population and commuters from throughout the Miami area, including Pinecrest, Brickell, Dadeland, and the airport. Grove Central offers a unique blend of modern design within a fully entitled, first-to-market development, providing a transit-oriented environment that seamlessly connects visitors to work, play, shop, dine, and entertainment options. This is a rare chance to establish a presence in a high-barrier-to-entry market with a dense population and exceptional transportation links. The property is situated in Miami-Dade County, Florida, with a zip code of 33133.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2379
- Latitude
- 25.7399
