Home » Properties » 2421 NW 27th Ave, Miami FL 33142

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Prime Mixed-Use Commercial Property in Miami's Allapattah

Commercial property with office, 2 baths, bay doors, and redevelopment potential in Miami's fastest-growing Allapattah area.

$1,170,000

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MLS #A11623396

Listing Updated: 2026-07-15 06:30:11

Listed By: Alterra Realty Group Inc

Overview

Located at 2421 NW 27th Ave in Miami, this commercial property sits in the rapidly expanding Allapattah neighborhood. The site benefits from high traffic and excellent visibility, making it suitable for various commercial uses. It includes a large office space, two bathrooms, and two bay doors with rear parking. Zoned T6-8-0, the property offers significant redevelopment opportunities. The current owner has successfully operated a business here for over 30 years. Flexible owner financing is available, providing potential buyers with adaptable purchasing options in a dynamic market.

Property Highlights

High-traffic location in Allapattah, large office, 2 bathrooms, 2 bay doors, rear parking, T6-8-0 zoning, owner financing available, redevelopment potential.

Property Details

City: Miami

State: FL

Zip Code: 33142

Address: 2421 NW 27th Ave, Miami FL 33142

Year Built: 1952

Property Type: Commercial Sale

Property Sub Type: Mixed Use

Listing Office Name: Alterra Realty Group Inc

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $8,788

Days On Market: 691 Days

Original Listing Description

This commercial property is located in the fastest-growing area of Allapatha, positioned in a high-traffic zone, the property boasts exceptional visibility and customer engagement, making it an ideal for a range of commercial endeavors. It features a large office, 2 bathrooms, 2 bay doors and parking in the rear. This property is muni zoned T6-8-0, providing significant potential for redevelopment project. The current owner has a long history of operating a highly profitable business at this location for over 30 years. "OWNER FINANCING" IS AVAILABLE, with loan terms provided upon request, offering flexible financial solution for prospective buyers. This opportunity represents a rare chance to acquire a prime commercial property in a dynamic and rapidly expanding market.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2421 NW 27th Ave, Miami FL 33142

About This Neighborhood

Allapattah is a vibrant and evolving neighborhood in Miami known for its diverse community and growing commercial presence. The area is experiencing renewed interest due to its proximity to downtown Miami and convenient access to major transportation routes. This neighborhood offers a mix of industrial, retail, and residential developments, contributing to a dynamic urban environment that supports business growth and community activities.

Walkability & Lifestyle

Allapattah offers a walkable environment with access to local shops, eateries, and essential services. Its proximity to downtown Miami enhances convenience for daily activities, while nearby parks and recreational areas provide opportunities for outdoor enjoyment. The neighborhood’s infrastructure supports pedestrian and vehicular movement, making it accessible for employees, clients, and residents alike.

Things To Do Nearby

Residents and visitors in Allapattah can enjoy a variety of activities including dining at diverse local restaurants, exploring cultural venues, and visiting nearby parks. The area’s proximity to Miami’s waterfront and entertainment districts offers additional leisure options such as boating, nightlife, and shopping. This blend of amenities enriches the lifestyle for those living or working in the neighborhood.

Nearby Schools

The Allapattah neighborhood provides access to several educational institutions within reasonable commuting distance. Families and business owners benefit from the area's connectivity to public and private schools, contributing to the community’s appeal. The availability of educational options supports the neighborhood’s residential and commercial balance, making it a practical choice for those relocating or investing in the area.

Why Buyers Like This Area

Buyers appreciate Allapattah for its strategic location near downtown Miami and its potential for commercial growth. The neighborhood’s evolving character, combined with zoning that supports redevelopment, attracts those seeking adaptable properties. Convenience, accessibility, and a supportive business environment make it a practical choice for investors and entrepreneurs looking to establish or expand their presence in Miami.

Investment Potential

This commercial property in Miami’s Allapattah area offers promising potential due to its location in a fast-growing neighborhood with increasing business activity. The T6-8-0 municipal zoning allows for redevelopment projects, which can attract buyers interested in expanding or diversifying their commercial portfolio. Its high visibility and accessibility enhance its appeal for various commercial uses, making it a versatile asset for investors seeking opportunities in a dynamic market.

Market Trends

The Miami commercial real estate market, particularly in neighborhoods like Allapattah, is characterized by steady demand fueled by urban redevelopment and business expansion. Investors and buyers are drawn to properties with redevelopment potential and good location advantages. Market activity reflects a balanced interest in mixed-use properties that can adapt to changing commercial needs, supporting long-term value retention in the area.

Rental Income Potential

Properties in Allapattah attract a range of commercial tenants due to the area’s accessibility and growing business environment. The location’s high traffic and visibility support tenant interest for retail, office, and service-oriented businesses. While rental income can vary, the property’s features and zoning flexibility enhance its usability and appeal to prospective tenants seeking functional commercial spaces.