63 NW 27th Ave - Storefront Retail/Office FOR SALE


Miami, FL 33125- Little Havana
$2,850,000 USD
786-253-9371
63 NW 27th Ave, Miami, FL for Sale
$2,850,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 6.32% Cap Rate

63 NW 27th Ave
Miami, FL 33125
Little Havana


HIGHLIGHTS

  • Fully remodeled to meet 40-year certification standards
  • New commercial kitchen with grease trap and HVAC system
  • Flexible layout for single or multi-unit use
  • High-visibility location with strong signage potential
  • Ample on-site parking for staff and guests
  • Sold as-is with all fixtures and equipment included

OVERVIEW

69 NW 27TH AVE — LITTLE HAVANA, MIAMI FL 33125 Retail / Restaurant · Freestanding · Vacant — Ready for Immediate Occupancy Asking: $2,850,000 ($407/SF) Building: 7,003 SF | Lot: 5,900 SF | Parking: 18 spaces | Zoning: T6-8 O A rare, fully vacant freestanding commercial building in one of Miami's most coveted urban corridors — priced for the land it sits on as much as the building above it. Located on NW 27th Ave in the heart of Little Havana, this 7,003 SF single-story property offers three compelling paths forward: immediate owner-user occupancy, a value-add investment with strong lease-up upside, or high-density redevelopment under T6-8 O zoning. PROPERTY HIGHLIGHTS • 7,003 SF freestanding retail/restaurant building — vacant and immediately available • 18 dedicated on-site parking spaces — an exceptional rarity on NW 27th Ave • Two assembled parcels (50' × 118' combined lot) — eliminates costly land assembly risk • T6-8 O zoning — permits high-density mixed-use redevelopment (residential + ground-floor retail) • Established restaurant/retail infrastructure in place — reduces build-out cost and timeline • High-visibility NW 27th Ave corridor — direct access to Health District, Marlins Park, Brickell, and I-836 • Vacant possession at closing — no lease-up risk, no inherited tenants, day-one control • Single-story on a two-parcel lot — low coverage ratio maximizes redevelopment potential LOCATION & MARKET Little Havana is an established commercial destination with tight vacancy, consistent rent growth, and a cultural identity that draws both local operators and national brands. NW 27th Ave connects the neighborhood to the Health District and Brickell corridor. Recent comparable sales on Calle Ocho — including a two-parcel mixed-use assemblage that traded at $5.9M (December 2025, Marcus & Millichap) with plans for an 80-unit mixed-use tower — validate the premium assembled land commands here. IDEAL BUYER PROFILES Owner-user: Restaurant, café, or retail operator ready to own their space. Vacant possession, existing kitchen infrastructure, and 18 parking spaces eliminate most typical barriers to entry. Investor: Acquire vacant, lease at market rates ($35–50/SF NNN), and stabilize into a 5–6% cap rate. Little Havana's tight vacancy makes lease-up risk low relative to other Miami submarkets. Developer: Two assembled parcels + T6-8 O zoning = a shovel-ready land play. Build residential over ground-floor retail. Neighboring assemblages have supported 7–8 story mixed-use projects. Due diligence package available upon request. Seller will consider all qualified offers. Broker co-op available.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$407 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

T6-8-O

APN/PARCEL ID

01-4103-033-3091,01-4103-033-3100

ASK ABOUT THIS PROPERTY

Oscar MartinezFlorida Realty of MiamiMore Info
786-253-9371

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Oscar MartinezFlorida Realty of MiamiMore Info
786-253-9371

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.