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    Property profile & analytics

    2401 27Th Ave Miami, FL 33142

    • Turn key restaurants
    • 2,944 SF
    • 0.15 lot acres
    For Lease
    View listing
    $0.09 SF/Yr
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US18-5408253
    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

    • Turn key restaurants

    Property Details for 2401 27Th Ave

    Year built
    1948
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Property size
    2,944 SF
    Zone code
    6100:COMMERCIAL,NEIGHBRHD
    Property type
    Turn key restaurants
    APN
    01-3127-004-0170
    APU
    131270040170

    Description

    This exceptional single-tenant retail property, located at 2401 NW 27th Ave in Miami, Florida, 33142, offers 2,944 square feet of versatile space. The building is a stand-alone structure situated on a corner lot, ensuring high visibility and accessibility for customers. Its convenient location on NW 27th Avenue guarantees significant foot traffic and exposure. The property features a fenced parking area with six designated spaces, providing ample parking for both employees and customers. The zoning classification is 6100. The property consists of one single-story building with a total of zero suites. The property's parcel number (APN) is 01-31-27-004-0170. This presents a unique opportunity for a business seeking a prominent location with excellent visibility and convenient parking. The lease is a NNN (Net, Net, Net) lease. This property is ideal for a variety of retail uses and represents a strong investment opportunity in a thriving Miami neighborhood. The property's latitude and longitude coordinates are 25.799042 and -80.239613 respectively.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $465,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $350,000
      Mixed-Use
      $390,000
      Hospitality
      $365,000
      Educational
      $355,000
      Residential Income
      $410,000
      Energy
      $370,000
      Income-Based Land
      $380,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2396
    Latitude
    25.7991
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,279
    $414,895
    $125,974
    $540,869
    -
    $414,895
    $125,974
    $540,869

    Comparable in this City

    • Value Estimation by Request
      762 SF

      4801 27th Ave

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    • Value Estimation
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      2,025 SF

      2325 27th Ave

      RESTAURANT • 2,025 SF
      2325 27th Ave, Miami, FL 33142-7231
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    • Value Estimation
      $225,000
      1,026 SF

      5495 17th Ave

      RESTAURANT • 1,026 SF
      5495 17th Ave, Miami, FL 33142-3847
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    • Value Estimation by Request
      2,500 SF

      2100 36th St

      RESTAURANT • 2,500 SF
      2100 36th St, Miami, FL 33142-5432
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      4,130 SF

      3601 27th Ave

      RESTAURANT • 4,130 SF
      3601 27th Ave, Miami, FL 33142-5221
      View Details
    • Value Estimation by Request
      2,572 SF

      5330 17th Ave

      RESTAURANT • 2,572 SF
      5330 17th Ave, Miami, FL 33142-3846
      View Details

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    2401 27Th Ave
    Miami, FL 33142
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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
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