2937 SW 27Th Ave, Coconut Grove, FL 33143
- Office buildings
- 2,830 SF
- 0.66 lot acres
Current Use by Public Records
- Eric Cohen PA / Law Firm
- John Hancock Life Insurance Co / Insurance Agency
- GROVE HEALTH INSURANCE / Insurance Agency
- Vakita Enterprises, Inc. / Grocery & Convenience Store
- Bonefish & Tarpon Trust / Charitable Organization / Social Service Agency
Property Details for 2937 SW 27Th Ave
- Year built
- 1909
- Construction
- CONCRETE
- Lot size
- 0.66 lot acres
- Zone code
- 6101
- Property type
- Office buildings
- APN
- 01-4115-031-0020
- APU
- 141150310020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 22, 2025 | — | Urbana 404 LLC | Victor Jose Arriaga Navarro | Quitclaim Deed · related | — |
| Jul 17, 2025 | $1,250,000 | Martha Delgado Franco | Oscar A Linares | Warranty Deed | $938k · United Wholesale Mortgage |
| Aug 31, 2016 | — | Grobro Investments LLC | — | Deed · related | $1.5M · Wells Fargo Bk |
| Feb 2, 1998 | $3,942,500 | Grobro Investments LLC | Grove Forest Lc | Grant Deed | $3.1M · Southtrust Bank NA |
| — | — | Grobro Investments LLC | — | Deed Of Trust · related | $71k · Ge Capital Assurance Co |
| — | — | Grobro Investments LLC | — | Loan Modification · related | $1.5M · Wells Fargo Bk |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,330,000
- 7%
- $1,235,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,919,000
Market price range: $290k - $1.92M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,480,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2372
- Latitude
- 25.7369
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
