69 NW 27th Ave, Miami, FL 33125 For Sale

69 NW 27TH AVE — LITTLE HAVANA, MIAMI FL 33125

Retail / Restaurant · Freestanding · Vacant — Ready for Immediate Occupancy · Divisible to 2 Suites

Asking: $2,850,000 ($407/SF)

Building: 7,003 SF | Lot: 5,900 SF | Parking: 18 spaces | Zoning: T6-8 O | Suites: 1 or 2

One of Little Havana's most flexible commercial opportunities — a fully vacant, freestanding 7,003 SF building with 18 on-site parking spaces, divisible into two independent suites of approximately 3,500 SF each. Whether you're an operator looking to occupy one suite and lease the other, an investor targeting two-tenant cash flow, or a developer eyeing the assembled land under T6-8 O zoning, this property is structured to work for you from day one.

SUITE CONFIGURATION

Suite A — ~3,500 SF

Ideal for a restaurant, café, or food & beverage operator. Existing kitchen infrastructure in place reduces build-out cost and timeline. Est. market rent: $28–35/SF NNN (~$8,200–$10,200/mo).

Suite B — ~3,500 SF

Suitable for retail, medical, professional services, or a second food concept. Separate entrance enables fully independent tenancy. Est. market rent: $28–35/SF NNN (~$8,200–$10,200/mo).

PROJECTED INCOME (fully leased, 2-suite scenario)

Suite A — ~3,500 SF @ $30/SF NNN: $105,000/yr

Suite B — ~3,500 SF @ $30/SF NNN: $105,000/yr

Gross potential income: $210,000/yr

Stabilized value @ 6% cap rate: ~$3,500,000

(Projections are illustrative. Actual rents and cap rates subject to market conditions.)

PROPERTY HIGHLIGHTS

• Divisible to 2 suites (~3,500 SF each) — lease both, occupy one and lease one, or operate the full 7,003 SF

• 18 dedicated on-site parking spaces — exceptional rarity on this corridor; easily split between two tenants

• Vacant, immediate possession — no lease buy-outs, no tenant coordination; day-one control

• Two assembled parcels (50' × 118' combined lot) — eliminates land assembly risk for developers

• T6-8 O zoning — permits high-density mixed-use redevelopment; comparable assemblages on Calle Ocho traded at $5.9M (Dec 2025)

• Existing restaurant infrastructure — reduces build-out cost and permitting time for food & beverage operators

• High-visibility NW 27th Ave location — direct access to Health District, Marlins Park, Brickell, and I-836

• Single-story on two parcels — low coverage ratio maximizes redevelopment potential

IDEAL BUYER PROFILES

Owner-user: Occupy Suite A, lease Suite B to offset your mortgage. Existing kitchen infrastructure and 18 parking spaces make this turnkey for a food & beverage operator.

Investor: Lease both suites at market NNN rates — stabilize at an estimated $210K gross income, supporting a value at or above asking at a 6% cap rate.

Developer: Two assembled parcels + T6-8 O = a shovel-ready land play. Build 7–8 stories of residential over ground-floor retail. Neighboring deals validate the land premium.

Due diligence package available upon request. Seller will consider all qualified offers. Broker co-op available.