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525 NW 27th Ave, Miami FL 33125

Commercial Recently Sold
$4,595,000

BTC: 71.35093168

ETH: 2,415.06538284

Sold on: 2021-01-28
14 days
0 room(s)

Overview

Prime Frontage Miami Office Complex - Assignee Sale This prime opportunity consists of a one and two story office complex with a total of 43 parking spaces. The north building is a two-story elevator office which was completed in 1969 and completely renovated in 2009. It is a reinforced concrete block and stucco building with a poured concrete joist and deck second floor and roof. It has a total of +/-10,556 sq. ft. with a double height entry which is open to the second floor allowing tons of natural light into the lobby. The south building is a one-story building which was completed in 1960. It is a concrete block and stucco building with a total of approximately 1,900 sq. ft. Available is an adjacent residential property, 2 bedroom 1 bath home for $315,000.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1960
Lot:
28750 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,465,000
$1.7M – $4.7M
Confidence Low
List vs. estimate
$1.1M above estimate
List $4,595,000 · +32.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $477K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,187
All facts and features
  • Lot

    • Lot: 28750 Square Feet

    Other Property Information

    • Parcel Number: 01-41-03-032-0240

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Other financial information

    • Annual tax amount: $44,187

  • Source details

    • MLS ID: A10952852

Private inquiry
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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: Moecker Realty, Inc.