Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    97 27Th St Miami, FL 33127

    • Commercial real estate
    For Sale
    View listing
    $4,250,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-1641050
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 97 27Th St

    Property type
    Commercial real estate
    APN
    01-3125-029-0790

    Description

    This exceptional 01-3125-029-0790 Miami-Dade County property, located at 97 NW 27th St, Miami, FL 33127, presents a unique opportunity for developers seeking a foothold in Wynwood's thriving Northeast Quadrant. Zoned 6107, this industrial land parcel offers the potential to develop up to five stories, accommodating 39 residential units or 78 hotel/short-term rental units. Currently improved with a ten-unit multi-family building generating income from short-term leases, this corner lot provides immediate cash flow. The property's location within Wynwood's NRD-1 zoning overlay allows for a variety of development options, aligning with the success of neighboring projects by prominent developers. An adjacent property is also available for purchase, offering the potential to assemble a significantly larger 16,950 square foot site. This expanded footprint would provide frontage on NW 1st Avenue, capitalizing on the planned Wynwood Woonerf program and its potential for vibrant retail opportunities. The site benefits from convenient access to major transportation arteries and public transit. Financial details are available upon request. This is an exceptional opportunity to capitalize on Wynwood's dynamic growth.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1968877
    Latitude
    25.8023882

    Comparable in this City

    • $7,000,000
      0.33 Acres

      Prime Miami Commercial Land Assemblage

      Three-parcel assemblage totaling 21,600 SQFT in Miami's D1 zoning district.
      683 NW 30Th St, Miami, FL 33127
      View Details
    • $3,000,000
      2,000 SF

      Allapattah Warehouse with Large Yard

      Warehouse with a large fenced yard in Allapattah Industrial district.
      768 Nw 21St St, Miami, FL 33127
      View Details
    • $2,500,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      679 NW 30Th St, Miami, FL 33127
      View Details
    • $5,000,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      679 NW 30Th St, Miami, FL 33127
      View Details
    • Contact for pricing
      19,567 SF

      Development Opportunity Near Wynwood Arts

      Redevelopment opportunity near Wynwood Arts Walls with T-7 Zoning.
      2920 NW 5Th Ave, Miami, FL 33127
      View Details
    • $2,500,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      681 NW 30Th St, Miami, FL 33127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,567 SF

      Development Opportunity Near Wynwood Arts

      Redevelopment opportunity near Wynwood Arts Walls with T-7 Zoning.
      2920 NW 5Th Ave, Miami, FL 33127
      View Details
    • $2,500,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      681 NW 30Th St, Miami, FL 33127
      View Details
    • $7,000,000
      0.33 Acres

      Prime Miami Commercial Land Assemblage

      Three-parcel assemblage totaling 21,600 SQFT in Miami's D1 zoning district.
      683 NW 30Th St, Miami, FL 33127
      View Details
    • $3,000,000
      2,000 SF

      Allapattah Warehouse with Large Yard

      Warehouse with a large fenced yard in Allapattah Industrial district.
      768 Nw 21St St, Miami, FL 33127
      View Details
    • $2,500,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      679 NW 30Th St, Miami, FL 33127
      View Details
    • $5,000,000
      0.33 Acres

      Miami Commercial Land Opportunity

      Two adjacent lots ideal for development in a high-demand area.
      679 NW 30Th St, Miami, FL 33127
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,483 SF

      Allapattah Industrial Warehouse

      Miami warehouse, 32,483 SF, 2.5 acres
      2055 7Th Ave, Miami, FL 33127
      View Details
    • $16,572 /Mo
      1,774 SF

      Wynwood Flex Space: Miami Investment

      Prime Wynwood Flex Space, 1774 sq ft.
      136 26Th St, Miami, FL 33127
      View Details
    • $0.19 SF/Yr
      3,000 SF

      Wynwood Warehouse: Creative Office Space

      Modern Wynwood warehouse; 3,000 sq ft, 4 parking spaces.
      123 23Rd St, Miami, FL 33127
      View Details
    • $35 SF/Yr
      5,000 SF

      Industrial Space Available for Rent

      5,000 sq ft industrial property for lease in Miami.
      525 Nw 29Th St, Miami, FL 33127
      View Details
    • $7,500 /Mo

      Wynwood Gallery/Showroom Space Available

      Gallery/showroom with warehouse in vibrant Wynwood neighborhood.
      667 NW 29Th St, Miami, FL 33127
      View Details
    • $30 SF/Yr
      4,500 SF

      Little River Showroom/Flex Warehouse Space

      4,500 SF showroom and flex warehouse space in Little River.
      255-275 NE 59Th St, Miami, FL 33127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    97 27Th St
    Miami, FL 33127
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.