About
About 3084 SW 27th Ave
Cushman & Wakefield is pleased to present 3084 SW 27th Avenue, a ±0.65-acre transit-oriented development opportunity prominently located at the corner of Shipping Avenue and SW 27th Avenue in Coconut Grove. Zoned Miami 21 T5-O, the property accommodates a by-right development program of approximately 42 residences, presenting an attractive opportunity for a boutique condominium project. The site is currently improved with a fully leased, 40-unit apartment building that provides in-place income to offset carrying costs during the predevelopment period.
The property is mapped within the City of Miami’s half-mile Transit-Oriented Development (TOD) area near Coconut Grove Metrorail Station. Its Restricted Commercial future land use designation presents a potential additional City density pathway under Miami 21, subject to parcel-specific confirmation. Separate County Rapid Transit Zone and Florida Live Local frameworks may offer further development options, subject to eligibility, applicable approvals, affordability requirements and architectural feasibility.
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