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Alex Mendel

The Mendel Group | Keller Williams Realty

alex@mendelgroupfl.com +1(561) 827-8449

$ 11,000,000

Est. payment -/mo

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1800 SW 27th Ave Miami, FL 33145

36,268 SqFt

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 36,268 sqft

Price per Sqft $303

MLS Listing ID A11830436

Construction Status Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $114,499

Lot Size 0.649 Acres

Property Sub-Type Office

Property Description

Prime medical and professional office building for sale in a strategic Miami location between Coral Gables, Coconut Grove and Brickell. Rental rates below market value at an average of $25 psf gross with utilities included. Currently 99% occupied, with approximately 73% of tenants in the medical sector and 27% in professional uses. It features 100 parking spaces, including four double spaces, providing excellent convenience for tenants and visitors. 36,459 rentable square feet. Originally built in 1986 and fully renovated in 2017, the building has benefited from over $1 million invested into modernizing common areas and building systems, with immediate cash flow and significant value-add potential through leasing at market rents.

Location

State FL

County Miami-dade

Area 41

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Exterior

Roof Type Concrete

Total Parking Spaces 100

Private Pool Yes

Building

Story 6

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Resale

Others

Tax ID 01-41-09-040-0250

Ownership Corporation

Security Features Security System,Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11830436

Listed by Synergy Realty Advisors

Alex Mendel

Agent

+1(561) 827-8449

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Alex Mendel

1800 SW 27th Ave Miami, FL 33145

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1800 SW 27th Ave