$1,659,000was $1,749,000

427 Grand Concourse

2 bd · 2 ba · 2,029 sq ft

Asking price cut 5.1% on July 1, from $1,749,000.

105 days on marketSingle Family Residence

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Listing courtesy of Keller Williams Capital Realty. 305-662-7325

From the MLS

Bedrooms: 2
Bathrooms: 2
Living area: 2,029 sq ft
Asking per square foot: $818
Year built: 1953
ZIP code: 33138
MLS number: A12013276

What the listing says

Located on one of the most desirable streets in Miami Shores, 427 Grand Concourse presents a rare opportunity to secure a prime property in a neighborhood known for its long-term value and charm. Offered at $1,659,000, this residence sits on an expansive lot of nearly 10,000 sq ft, surrounded by some of the most prestigious homes in the area. The existing home offers approximately 2,000 sq ft of living space, making it an ideal option for a buyer looking to move in immediately or take advantage of the lot’s full potential through a thoughtful renovation or new construction. Whether you’re an end-user, investor, or developer, this property allows for multiple strategies in a location where land value continues to rise. Grand Concourse is widely recognized as one of the premier streets in Miami Shores, known for its quiet setting, tree-lined ambiance, and proximity to top schools, parks, and Biscayne Bay. Properties on this street are rarely available and consistently command strong appreciation over time. This is more than just a home—it’s a long-term investment in one of Miami’s most established and sought-after communities. A unique chance to create, renovate, or simply enjoy a property that will continue to grow in value for years to come.

Description supplied by Keller Williams Capital Realty.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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What the listing says

Before you offer on this one

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