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2940 Oak Ave, Miami FL 33133

Commercial Active With Contract
$8,000,000

BTC: 122.73703590

ETH: 4,204.68401800

+$5K (2026/01/23)
359 days
0 room(s)

Overview

An exceptional, fully entitled office development opportunity located in the thriving South Florida market. Property Type: This property is envisioned as a 5-story office building encompassing approximately 27,556 square feet. The design encompasses five floors in total, featuring a ground floor dedicated to commercial space, an impressive rooftop area, and four full office floors in the heart of Coconut Grove. Location: The property's location is truly exceptional, situated in the coveted Coconut Grove Oak Avenue corridor. "Shovel ready": The property offering comes complete with approved plans for the office space and its accompanying amenities.

Location

Florida • Miami • 33133 • Commercial • Active With Contract

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.15 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,150,000
$744K – $2.5M
Confidence Low
List vs. estimate
$6.8M above estimate
List $8,000,000 · +595.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $69.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$29,564
2024
All facts and features

  • Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 01-41-21-034-0310

    • Zoning: 6101

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Irrigation Water

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $29,564

  • Source details

    • MLS ID: A11769509

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 52x128

    • Subdivision Name: W A RICES SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33133
332
median $1.9M
Active
Same city
Miami
12,325
median $637K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$5.6M – $10.4M
336
median $7.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 360 Real Estate