1800 SW 27th Ave

Highlights:

• Lot Features: City Location
• Building Features: Reception Area
• Number Of Buildings: 1
• Documents Available: Aerial Photo(S)
• Cooling: Central Individual A/C
• Heating: Central Electric
• Flooring: Ceramic Floor
• Construction Materials: Concrete Block Construction
• Parking Features: Assigned
• Security Features: Smoke Alarm, Security Gate, Security System
• Ownership: Corporation

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.