For sale Home

Listed May 5, 2026

$1,659,000 Est. $10,973/mo

427 Grand Concourse

  • 2

    Beds

  • 2

    Baths

  • 2,029

    Sq ft

The story

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.

Facts & features

Home type

Home

Year built

1953

Floors

1

Price per sq ft

$818

Parking

2-car garage

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Flooring

    Hardwood, Wood

  • Lot Information

    Less Than Quarter Acre

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$10,973 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $8,830
  • Property tax $1,659
  • Insurance $484

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Keller Williams Capital Realty

Broker Name

Keller Williams Capital Realty

Agent

Nicholas Del Boca

Location

Coral Gables FL 33134